HALISTER: Perrigo Up; Said to Be Near Deal to Be Purchased: StreetInsider

Perrigo Up; Said to Be Near Deal to Be Purchased: StreetInsider

(Bloomberg) -- Perrigo is near agreement to be purchased by U.K.-based firm for $20b, StreetInsider.com said. citing unidentified person familiar.
  • PRGO being advised by Morgan Stanley
  • Likely $20b figure wouldn’t include PRGO’s debt, since co.’s enterprise value is near that amount
  • PRGO representatives didn’t respond to StreetInsider request for comment
  • PRGO up as much as 9.5%, most intraday since April 2015
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
PRGO US (Perrigo Co PLC)

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