News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Acino Holding Ltd to Buy Cephalon, Inc. (CEPH) Units For EU 80 Million Cash, Shares



10/17/2011 8:11:57 AM

Acino and Cephalon Inc. has entered into an agreement under which Acino will acquire Cephalon's combined Middle East and African business for a total consideration of approximately 80 million euros. Under the terms of the agreement, Acino will pay 60 million euros in cash and 20 million euros through the issuance of shares from authorized capital (calculated at the average share price on the day prior to the closing of the transaction). Acino expects the acquisition to be immediately accretive.



comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES