Browsing Tag
Perrigo Company plc
3 posts
Perrigo (PRGO) agrees to sell $380m infant formula business for $40m upfront as impairment looms
Perrigo has agreed to sell its US infant formula business to MeridianMade for up to $175 million, although only $40 million is payable at closing. The planned divestiture could improve margins and reduce future manufacturing investment, but a substantial impairment charge and weak growth in its remaining consumer health business complicate the turnaround.
Is KKR building a European skincare empire with Perrigo’s dermacosmetics brands?
KKR has agreed to acquire Perrigo’s skincare brands for €327M. Is this the start of a new European skincare empire? Explore the strategy and global implications.
Perrigo to sell dermacosmetics business to KKR-backed Kairos Bidco for up to €327m
Perrigo to sell its dermacosmetics unit to KKR for €327M. See how this streamlines strategy, affects PRGO stock, and refocuses growth priorities.