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    Home > Active Ingredient News > Drugs Articles > Merck's $17 billion acquisition of sigma Aldrich

    Merck's $17 billion acquisition of sigma Aldrich

    • Last Update: 2014-09-23
    • Source: Internet
    • Author: User
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    Source: Tencent finance 2014-09-23 Beijing time on the afternoon of September 22, 2014, the pharmaceutical industry reappeared large-scale M & A

    Merck KGaA, a German industry giant, announced on Monday that it would purchase sigma Aldrich pharmaceutical company for $17 billion

    The deal will expand MSD's life sciences business

    Merck's offer for Aldrich is $140 a share in cash, valuing him at $17 billion (13.1 billion euros)

    The price is 37% higher than the closing price of $102.37 per share on Friday, September 19, and 36% higher than the average closing price of last month

    The acquisition will immediately have a positive impact on the company's current earnings per share and EBITDA margin, Mr

    moshadong said

    MSD expects to save at least 260 million euros (US $340 million) per year through restructuring in the next three years after the completion of the acquisition

    MSD expects that the acquisition will be completed in mid-2015, and the acquisition process mainly depends on the approval of the regulatory authorities, the approval of the special shareholders' meeting held by Aldrich and other practices

    (Xiao He)
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