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VTRS — Viatris News Story

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Brief: Viatris Agrees To Acquire Pacira Biosciences, Advancing Its Innovative Medicines Strategy And Becoming A Leader In Non-Opioid Pain Therapies

BRIEF-Viatris Agrees To Acquire Pacira Biosciences, Advancing Its Innovative Medicines Strategy And Becoming A Leader In Non-Opioid Pain Therapies

- Pacira BioSciences, Inc. PCRX.O:

  • VIATRIS AGREES TO ACQUIRE PACIRA BIOSCIENCES, ADVANCING ITS INNOVATIVE MEDICINES STRATEGY AND BECOMING A LEADER IN NON-OPIOID PAIN THERAPIES

  • VIATRIS - TO BUY PACIRA FOR $36.5 PER SHARE, EQUITY VALUE $1.65 BILLION

  • VIATRIS - PACIRA TO BECOME WHOLLY OWNED SUBSIDIARY OF VIATRIS; STOCK TO BE DELISTED FROM NASDAQ

  • VIATRIS - DEAL EXPECTED TO CLOSE BY END OF 2026 AND BE IMMEDIATELY ACCRETIVE

  • VIATRIS - TO COMMENCE TENDER OFFER FOR PACIRA AT $36.5 PER SHARE

  • VIATRIS INC.: EXPECT TO FUND TRANSACTION PRIMARILY FROM EXCESS CASH WITH REMAINDER FROM SHORT-TERM BORROWINGS

Source text: ID:nPn9MK1fsa

Further company coverage: PCRX.O


((Reuters.Briefs@thomsonreuters.com;))

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