Elanco Animal Health Files For U.S. IPO [Seeking Alpha]
IDEXX Laboratories, Inc. (IDXX)
Last idexx laboratories, inc. earnings: 4/30 06:30 am
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US:NASDAQ Investor Relations:
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Source: Seeking Alpha
Summary Quick Take Elanco Animal Health ( ELAN ) intends to raise $100 million in an IPO spin-out from parent Ely Lilly & Co. ( LLY ), according to a registration statement . The firm claims to be the fourth largest animal health company in the world and provides medicinal feed additives, treatment and other products for food and companion animals. ELAN has been growing primarily due to acquisitions and the IPO will be related to additional debt transactions to remit the proceeds to parent Eli Lilly. When we learn further details about the IPO, I’ll provide an update. Company and Technology Greenfield, Indiana,-based Elanco was founded in 1954 as a division of Eli Lilly and contains a portfolio of more than 125 brands that sell animal health products in more than 90 countries for food and companion animals. Management is headed by President Jeffrey Simmons, who has been president since 2008 and has held numerous positions with the firm. Bel
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- 3/27/24 - Form DEF
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