Royalty Pharma to Simplify Corporate Structure in $1.1B Deal for External Manager
Royalty Pharma agreed to acquire its external manager, RP Management, in a $1.1 billion deal that it believes will pay for itself in the long-term as it aims to simplify its corporate structure.
Royalty Pharma simplifies corporate structure with $1.1 bln deal
Royalty Pharma said on Friday it would pay about $1.1 billion to acquire RP Management, an organization that manages the healthcare firm's operations, as it seeks to simplify its corporate structure.
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