Deal Snapshot
PETIQ TO ACQUIRE PERRIGO ANIMAL HEALTH FOR USD 185M
Wednesday 15 May 2019

Idaho, US-based pet medication and wellness company PetIQ, Inc. (NASDAQ: PETQ) has reached an agreement to acquire Nebraska, US-based Perrigo Animal Health, a manufacturer of vet products, from Perrigo Company plc (NYSE: PRGO) (TASE: PRGO) for USD 185m, the company said.
Under the terms of the USD 185m cash transaction agreement, Perrigo Animal Health will become an indirect wholly-owned subsidiary of PetIQ.


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Details
Date Published: 15/05/2019
Target: Perrigo Animal Health
Country: USA
Deal Size: 185m (USD)
Sector: Healthcare
Type: LBO
Financing: Cash
Status: Agreed
Vendor: Perrigo
Buyer: PetIQ, Inc
Buyer Advisor: Jefferies , KPMG , Winston and Strawn, Baker Botts LLP
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