Perrigo offloading its ingredient business to private equity investor for $110M

10th August 2017 Uncategorised 0

Perrigo surprised its investors Thursday when it turned in much better than expected results for the second quarter, but it still reported a loss and continues to slim down and firm up as it works off debt. Part of that ongoing fiscal fitness program was its announced sale Thursday of its active pharmaceutical business for $110 million.

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Source: fierce