GREENFIELD, Ind. READ MORE: Bayer, Elanco Animal Health Reach $7.6 Billion Agreement The announcement comes two months after the Greenfield, Indiana-based company acquired … -0.21% Elanco Animal Health Inc. ELAN, +2.30% said Wednesday it is restructuring its business just two months after closing the acquisition of Bayer Animal Health. The transaction, valued at $6.89 billion, expands Elancos scale and capabilities, positioning the company for the long term as a leader in the attractive, durable animal health industry. GREENFIELD, Ind.-- (BUSINESS WIRE)-- Elanco Animal Health Incorporated (NYSE: ELAN) today announced it has closed the acquisition of Bayer Animal Health. (September 30, 2020) Elanco Animal Health Incorporated (NYSE: ELAN) today announced its first business restructuring just two months following the closing of its acquisition of Bayer Animal Health. The company’s stock price has collected -1.98% of loss in the last five trading sessions. The final terms consisted of $5.17 billion in cash and 72.9 million shares to Bayer AG. The transaction, valued at $6.89 billion, expands Elanco’s scale and capabilities, positioning the company for the long term as a … Elanco Animal Health Incorporated (NYSE: ELAN) today announced it has closed the acquisition of Bayer Animal Health. The company also noted it has started to de-lever by making a $100 million payment on its term loan. Elanco announced the closing of the acquisition Aug. 3. Elanco Animal Health Incorporated (NYSE: ELAN) today announced it has closed the acquisition of Bayer Animal Health. According to the announcement from Elanco, upon close, Bayer AG received $5.17 billion in cash, comprised of proceeds from the company’s equity and tangible equity unit issuances in the first quarter of 2020 and debt financing from the Term Loan B priced in the first quarter of 2020 that closed with the transaction closing. Elanco Animal Health Incorporated (NYSE: ELAN) recently announced it has closed the acquisition of Bayer Animal Health. The transaction, valued at $6.89 billion, expands Elanco’s scale and capabilities, positioning the company for the long term as a leader in the attractive, durable animal health industry. Elanco, which is headquartered in Greenfield, Indiana, was spun off from Eli Lilly & … Elanco Closes Acquisition of Bayer Animal Health Scale and capabilities of the combined company position Elanco for the long term as a leader in the attractive, durable animal health industry. Updated Aug 4, 2020, 11:29am CDT Elanco Animal Health Inc. completed its $7.6 billion acquisition of Bayer Animal Health, a deal that involves roughly … Elanco Closes Acquisition of Bayer Animal Health September 28, 2020, 8:40 AM PDT Elanco Closes Acquisition of Bayer Animal Health * Scale and … Elanco Animal Health Incorporated (NYSE:ELAN) went up by 2.30% from its latest closing price compared to the recent 1-year high of $34.09. Press Release reported 18 hours ago that Elanco to Participate in the 39(th) Annual J.P. Morgan Healthcare Conference. Related: EC approves Elanco's purchase of Bayer animal health business. The price tag of $6.89 billion was down from the initial estimate of $7.6 billion.
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