DenTek Bought by Prestige Brands
DenTek Oral Care, Inc., a privately held maker of oral care products, is now part of Prestige Brands Holdings (NYSE: PBH). Prestige paid $225 million for DenTek’s product line of floss picks, interdental brush cleaners, dental guards, disposable dental picks, braces care and dental repair products. The acquisition expands Prestige’s portfolio of OTC brands, adding specialty oral care products marketed in the United States, Australia and Europe. Read More »Team Health Closes on IPC Healthcare Acquisition
It’s official. On November 23rd, Team Health Holdings (NSE: TMH) completed its $1.6 billion acquisition of IPC Healthcare, Inc. (formerly NASDAQ: IPCM), a national acute hospitalist and post-acute provider organization. The combination creates a national physician services organization that will serve approximately 2,000 post-acute facilities across 28 states. As a result of the completion of the transaction, IPC’s common stock ceased trading on the NASDAQ exchange. Up until the last minute, IPC was still acquiring physician medical groups. On November 13, it announced a deal for Amity Health, LLC, a post-acute practice in Wichita, Kansas and on November 19, it added Heartland... Read More »Update: Billion-Dollar Health Care Deals, 2015
A recent post here noted there were more billion-dollar deals than in years past, and the amount was higher than any other year. Along comes the Pfizer-Allergan deal at $160 billion, and we have revised the numbers upward. The key takeaways: 51 billion-dollar-plus deals in 2015 (4% of the 1,282 total), with $549.4 billion spent on those deals (90% of the current $549.4 billion). We’ll have more in the December issue of Health Care M&A News. Read More »Pfizer’s Acquisition Trail
Pfizer Inc. (NYSE: PFE) is a well-oiled acquisition machine, with at least 107 announced acquisitions since 1998. Including yesterday’s announcement of its $160 billion deal for Irish drug maker Allergan plc (NYSE: AGN), the largest-ever health care transaction, Pfizer has spent more than $461 billion on those 107 deals. Thirteen of those disclosed prices of $1 billion or more. Here are the five biggest deals announced. Company AcquiredDatePrice Allergan plcNovember 23, 2014$160 billion Warner-Lambert CompanyNovember 4, 1999$114 billion Wyeth, Inc. January 26, 2009$68 billion Pharmacia CorporationJuly 15, 2002$56 billion Hospira, Inc. February 5, 2015$17... Read More »Schedule a demo
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