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Perrigo's $190 Mil. Personal Care Unit Going To Cumberland Swan Holdings

This article was originally published in The Rose Sheet

Executive Summary

Perrigo has signed an agreement in principle to sell its $190 mil. personal care business for an undisclosed amount to newly formed Cumberland Swan Holdings, Inc., the private labeler announced July 19. Execution of a definitive purchase agreement is expected to occur within 30 days. Proceeds will be dedicated to Perrigo's OTC and nutritional businesses.
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