Perrigo Reaches $1.5bn Deal With Altaris For Rx Business

Company Announces Divestment After Holding Out For The Right Valuation

Perrigo has finally found the right deal to secure the long-awaited divestment of its prescription business, reaching an agreement worth just over $1.5bn with private equity firm Altaris Capital Partners.

Perrigo Logo Smartphone Red Yellow
Perrigo has found the right deal to divest its prescription business • Source: Shutterstock

Perrigo finally has a deal to divest its prescription business. The company has announced an agreement worth just over $1.5bn for private equity firm Altaris Capital Partners to acquire the “Rx” generics business, with the transaction expected to close by the end of the third quarter of 2021.

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Generics Bulletin for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Deals

More from Business