Announced
Financials
Tags
Friendly
Single Bidder
Pending
Majority
United States
Pharmaceuticals
Acquisition
pharmaceutical company
Private
consumer health
Domestic
Synopsis
Prestige Consumer Healthcare, an American company that markets and distributes over-the-counter healthcare and household cleaning products, agreed to acquire the consumer health business of Akorn Operating Company, a specialty pharmaceutical company, for $230m. "The sale of the Consumer Health business enables us to optimize our core prescription drug portfolio and enhances our capacity to make growth oriented investments" Douglas Boothe, Akorn President and CEO.
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