ICON plc, an Ireland-based contract research organization (CRO), has agreed to acquire PRA Health Sciences in a cash-cum-stock deal worth around $12 billion. PRA Health Sciences is a US-based contract research organization. The consideration to be paid per share is $80 in cash plus 0.4125 shares of ICON plc. According to ICON plc, the deal […]
Ulster Bank will begin a phased withdrawal from Ireland over the coming years in line with a strategic review completed by its parent company NatWest Group. According to NatWest Group, Ulster Bank Ireland is not expected to achieve an satisfactory level of sustainable returns over its planning horizon. The British bank holding company said that […]
Royal Dutch Shell has reached an agreement with Simply Blue Energy in late January to take part in the Emerald floating wind project in the Irish waters of the Celtic Sea. In this connection, the oil and gas giant will acquire a 51% stake in the Irish marine project developer Simply Blue Energy’s Simply Blue […]
In a significant move within the pharmaceutical industry, Irish biopharma company Jazz Pharmaceuticals has announced an agreement to acquire British-based GW Pharmaceuticals in a monumental $7.2 billion cash-and-stock transaction. This acquisition is set to create a powerhouse in the neuroscience field with a robust global commercial and operational footprint. Strategic Acquisition to Enhance Neuroscience Portfolio […]
RED, a company of ENGIE Impact, has acquired Irish engineering consulting firm Callaghan Engineering, for an undisclosed price. Callaghan Engineering, which operates out of Dublin and Cork, offers multi-discipline professional engineering design, validation, procurement, and also project and construction management services. The company also has specialised expertise in the pharmaceuticals, data centre, and medical services […]
Flutter Entertainment, an Ireland sports betting and gaming group, has signed a deal to acquire its subsidiary Fastball Holdings’ 37.2% stake in US-based sports betting company FanDuel Group for $4.175 billion. The deal is conditional on the shareholder approval of Flutter Entertainment, which was formerly called formerly Paddy Power Betfair. It will increase the Irish […]
Endo International has agreed to acquire BioSpecifics Technologies, a New York-based commercial-stage biopharma company, for $88.5 per share, or an estimated enterprise value of around $658 million. The Irish pharma company and BioSpecifics Technologies have been in a strategic partnership since 2004. BioSpecifics Technologies had developing a form of injectable collagenase clostridium histolyticum (CCH), which […]
Roche acquisition of Inflazome : Swiss drug giant Roche has acquired Irish biotech company Inflazome, a developer of inflammasome inhibitors, for an upfront payment of €380 million. The Irish pharma company will also stand to get additional contingent payments, which will be based on the meeting of certain predetermined milestones. Inflazome was a portfolio company […]
Ireland-based Perrigo Company has agreed to acquire three over-the-counter (OTC) skincare and hair loss treatment brands sold across Eastern Europe, namely Emolium, Iwostin, and Loxon, from French pharma giant Sanofi. Financial terms of the deal were not disclosed by the parties. According to Perrigo Company, the products to be acquired have trailing 12 months net […]
Greencoat Renewables, an Irish renewable investment company, has acquired a 50% stake in the operating 20.5MW Carrickallen Wind Farm in County Cavan, Ireland from Galetech Group for an undisclosed price. Galetech Group, which is an Irish wind developer, will hold the remaining 50% stake in the Carrickallen wind project, which was commissioned in January 2019. […]