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Moberg Pharma acquires three O-T-C brands

Moberg Pharma acquires three O-T-C brands

STOCKHOLM — Moberg Pharma AB has agreed to acquire New Skin, Fiber Choice and PediaCare from Prestige Brands Holdings Inc. for $40 million. The three brands had net sales of $24.4 million in the year ended March 31. Moberg expects the acquisition to contribute to its EBITDA (earnings before interest, taxes, depreciation and amortization) with