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Elanco Announces Agreement to Acquire Bayer’s Animal Health Business

Transaction valued at US$7.6 billion, financed by 70% cash and 30% equity combination

Elanco Animal Health has entered into an agreement with Bayer AG to acquire its animal health business in a transaction valued at US$7.6 billion. The planned transaction, which is subject to regulatory approval and other customary closing conditions, would create the second largest animal health leader. The transaction will double Elanco’s Companion Animal business, advancing the company’s intentional por...

agu - 8733

EFA News - European Food Agency
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