Drugs & Pharmaceuticals M&A » By The Online Investor Staff, updated Tue., Feb. 7, 10:21 AM
Recent mergers and acquisitions in the Drugs & Pharmaceuticals M&A category.
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Slide #15. Prestige Brands — Hydralyte
Acquirer:
Prestige Brands (NYSE:PBH)
Acquiree:
Hydralyte
Details:
Prestige Brands Holdings, Inc. (NYSE-PBH) today announced the signing of a purchase agreement for the acquisition of Hydralyte in Australia and New Zealand from The Hydration Pharmaceuticals Trust of Victoria, Australia. The acquisition is expected to close, subject to customary closing conditions, during the first quarter of fiscal 2015, which began on April 1, 2014.
Prestige Consumer Healthcare is a holding company. Through its subsidiaries, Co. is engaged in the development, manufacturing, marketing, sales, and distribution of over-the-counter (OTC) health and personal care products. Co. conducts its operations in two reportable segments: North American OTC Healthcare and International OTC Healthcare. Co.'s brands in the North American OTC Healthcare segment include Boudreaux's Butt Paste with products that include various diaper rash treatments and skin protectants. Co.'s brands in the International OTC Healthcare segment include Fess that relieves nasal and sinus congestion due to allergy, hay fever, colds and flu.
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Avg. Broker Rec.
 
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Buy (3.33 out of 4) 46th percentile
(ranked lower than approx. 54% of all stocks covered)
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