Mumbai, April 27 -- According to the company's exchange filing, Sun Pharma would acquire 100% of Organon's issued and outstanding shares for cash at a price of $14 per share, aggregating to approximately $3.99 billion in total equity value.
The company plans to fund the acquisition through a combination of available cash resources and committed financing from banks. The transaction is expected to close in early 2027.
Organon is a global healthcare company formed through a spinoff from Merck, known as MSD outside of the United States and Canada, in 2021.
Organon has a legacy of deep trust and strong brand equity among HCPs, patients, regulators and other stakeholders. A global leader in women's health, the company's portfolio includes m...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.