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Perrigo’s Irish Move Sets Stage For International Boost, Net Revenue Gain

This article was originally published in The Tan Sheet

Executive Summary

OTC private label leader Perrigo acquires Irish firm Elan for $8.6 billion in a deal that will bring tax savings from being incorporated in Ireland, provide a stage for European expansion and tap into Elan’s royalty rights. “Simply stated, we're going to be able to further our international platform,” CEO Joseph Papa says.

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