Lupin 2024

Prestige Consumer Healthcare

Prestige announces agreement to expand eye care offering with acquisition of TheraTears

Prestige announces agreement to expand eye care offering with acquisition of TheraTears

TARRYTOWN, N.Y. —  Prestige Consumer Healthcare announced that it has entered into a definitive agreement to acquire a portfolio of over-the-counter consumer brands from specialty pharmaceutical company Akorn Operating Co. for $230 million in cash. The agreement is structured as an asset purchase that delivers anticipated tax benefits of ~$30 million and expected annual EBITDA

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