Industry news

Mylan commences hostile bid for Perrigo

Read time: 1 mins

Last updated:15th Sep 2015

Published:15th Sep 2015

Source: Pharmawand

Mylan N.V. announced that it has officially commenced its formal offer to acquire all outstanding ordinary shares of Perrigo Company plc . Under the terms of the offer, Perrigo shareholders will receive $75 in cash and 2.3 Mylan ordinary shares for each Perrigo ordinary share. Perrigo shareholders will own approximately 40% of the combined company upon completion of the transaction.

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