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Perrigo to buy Elan for $8.6B, seeks tax savings

2013-07-29 15:31:32| Biotech - Topix.net

U.S. drugmaker Perrigo agreed Monday to buy Ireland's Elan for $8.6 billion in a deal that should allow the rapidly growing company to reduce its tax bill and boost its royalty stream.

Tags: buy tax savings seeks

 

Perrigo buys Elan in $8.6bn deal

2013-07-29 12:27:48| BBC News | Business | UK Edition

Irish drug firm Elan has been snapped up by US rival Perrigo in an $8.6bn (5.6bn) deal which will secure tax savings for the US company.

Tags: deal buys elan perrigo

 
 

J&J Raises Annual Forecast After Selling Its Stake in Elan, Doubling Net

2013-07-16 18:20:39| Food - Topix.net

Johnson & Johnson , the world's biggest maker of health-care products, more than doubled its earnings in the second quarter after selling its stake in Elan Corp. The company also boosted its profit forecast.

Tags: net annual selling forecast

 

DEALTALK: Game may not be over for Royalty' Pharma's bid for Elan

2013-06-28 14:54:12| Biotech - Topix.net

The game may not yet be over for U.S investment firm Royalty Pharma in its months-long pursuit of Elan Corp. The Irish drugmaker earlier this month rejected a hostile bid by Royalty worth up to $8 billion.

Tags: for game bid royalty

 

Royalty drops hostile bid for Elan

2013-06-19 00:50:30| Biotech - Topix.net

Royalty Pharma has dropped a hostile bid worth up to $8bn for Elan, leaving it free to seek other suitors having put itself up for sale last week.

Tags: bid drops royalty hostile

 

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