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Merckle acquires Technilab Pharma
14 Jul 2000
Executive Summary
Merckle has agreed to acquire Technilab Pharma (Montreal-based generics company) for $4.13 ($Cdn6.10) per share, a (pr)46% premium based on the market average, for a total of $54.7mm. Members of the Sabourin family, who owned about 65% of the outstanding shares, irrevocably tendered their shares in this transaction.
Deal Industry
- Biotechnology
- Pharmaceuticals
-
Pharmaceuticals
- Generic Drugs
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
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