PRGO. Perrigo Company To Acquire Assets Of Sergeant's Pet Care Products, Inc., For $285 Million -- Sergeant's Pet Care Products, Inc., a privately-held OTC animal health company, expands Perrigo's portfolio to include a new adjacent product category, companion animal healthcare -- All cash transaction with a purchase price of $285 million, or $235 million net of certain tax benefits -- Sergeant's expected to generate over $140 million in sales during its fiscal year ending September 30, 2012 -- Acquisition anticipated to be immediately accretive to earnings and approximately $0.12 accretive to GAAP and $0.20 accretive to adjusted EPS in the first fiscal year post-closing -- Expected to be ROIC accretive in the first full fiscal year post-closing http://finance.yahoo.com/news/perrigo-company-acquire-assets-sergeants-113100012.html
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.