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Abbott to pay $56 in cash per share for Alere; terms amended to $51 per share
08 Sep 2020
Executive Summary
Abbott Laboratories Inc. is paying $56 per share (a 50% premium) or $5.8bn to acquire fellow public firm Alere Inc.
Deal Industry
- In Vitro Diagnostics
- Medical Devices
-
Pharmaceuticals
- Nutraceuticals
- OTC, Consumer
-
In Vitro Diagnostics
- Chemistry, Immunoassay
- Glucose Testing
- Urine-based Testing
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash
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Abbott to pay $56 in cash per share for Alere; terms amended to $51 per share
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