King offers $1.4bn cash for fellow spec pharma Alpharma
Executive Summary
Hoping to create a synergistic combination of their specialty pharmaceutical businesses, King Pharmaceuticals has made an unsolicited offer of approximately $1.4bn cash to acquire public drug firm Alpharma. While King is being optimistic in stating the transaction could close by the end of 2008, Alpharma has already rejected the bid, saying it's not in the best interests of the shareholders and doesn't adequately value the company.
Deal Industry
- Pharmaceuticals
-
Pharmaceuticals
- Specialty Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash for Equity
Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
Related Companies
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Deal
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
DCD.EmailPopout.Notice