Goldman Sachs Group, Inc.

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Other Pre-Announcement, Mergers / Acquisitions

Perrigo To Acquire Consumer Self-Care Company, HRA Pharma

Published: 09/08/2021 10:53 GMT
Goldman Sachs Group, Inc. (GS) - Perrigo to Acquire Leading Consumer Self-care Company, Hra Pharma.
Perrigo Company Plc - Transaction is Valued at EUR 1.8 Billion, Or Approximately $2.1 Billion in Cash.
Perrigo Company Plc - Would Pay Purchase Price Using Cash on Hand at Closing.
Perrigo - Has Full Capacity Available Under Its Current Credit Facility and Depending on Market Conditions, May Also Consider New Debt Financing.
Perrigo Company Plc - Would Plan to Save More Than EUR 30 Million Annually by 2023 From Unlocking Meaningful Operational Synergies From Transaction.
Perrigo Company - Synergies Are Anticipated to Add About EUR 400 Million in Net Sales and $1.00 in Adjusted EPS in FY 2023.
Perrigo Company - Transaction is Anticipated to Accelerate Results for Both Consumer Self-care Segments and Be Immediately Accretive to Co.
Perrigo Company - Hra's Leadership Team Will Remain in Place to Minimize Any Business Disruption From Integration.