Akorn Offloads Consumer Health For $230m

All-Cash Deal Allows Beleaguered Firm To Invest In Optimizing Prescription Business

Akorn has announced a $230m all-cash deal to divest its consumer healthcare business to Prestige Consumer Healthcare. The transaction will allow Akorn – which recently went through bankruptcy proceedings – to invest in optimizing its prescription business.

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Akorn has struck a $230m deal for its consumer healthcare business • Source: Alamy

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