We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies.
In Vivo is part of Pharma Intelligence UK Limited
This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.
This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183
Novartis has agreed to acquire two generics companies for €5.65bn ($7.38bn) in cash--67.7% of Eon Labs for €1.3bn and 100% of Hexal AG, Eon's parent company, for €4.35bn. Novartis plans to buy the remainder of Eon via a tender offer of €23.73 per share (a 25% premium to Eon's trading price before the market was affected by take-over speculation).
Deal Industry
Pharmaceuticals
Pharmaceuticals
Generic Drugs
Deal Status
Final
Deal Type
Acquisition
Full Acquisition
Includes Contract
Payment Includes Cash
Already a Biomedtracker subscriber?You have access to the full deal record through your subscription
Want to become a subscriber?Subscribers get more deal details, updates, deal financials and deal products.Questions?