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Hoechst Celanese acquires Copley Pharmaceutical for $546M

Executive Summary

Fully-owned Hoechst subsidiary Hoechst Celanese acquired 51% of Copley Pharmaceutical's stock (9,934,100 shares) for $546 million. Hoechst will be paying $55 per share, a significant premium to Copley's current share price of $49.75.
Deal Industry
  • Pharmaceuticals
    • Generic Drugs
Deal Status
  • Final
Deal Type
  • Acquisition
    • Partial Acquisition
    • Payment Includes Cash

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