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IBA Molecular to Acquire Mallinckrodt's (MNK) Nuclear Imaging Business in $690M Deal

Go back to IBA Molecular to Acquire Mallinckrodt's (MNK) Nuclear Imaging Business in $690M Deal

Mallinckrodt Enters Agreement To Sell Its Nuclear Imaging Business To IBA Molecular For Approximately $690 Million

August 24, 2016 8:00 AM EDT

CHESTERFIELD, United Kingdom, Aug. 24, 2016 /PRNewswire/ -- Mallinckrodt plc (NYSE: MNK), a leading specialty pharmaceutical company, announced today that it has entered into a definitive agreement under which it will sell its Nuclear Imaging business to IBA Molecular (IBAM), for approximately $690 million before tax impacts, including up-front and contingent consideration and the assumption of long-term obligations.... More