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0 0 0.00125718390804598 0.00125718390804598 0.000359195402298907 0.00215517241379319 0.00206537356321843 0.00466145833333341
Stock impact report

Sun Pharma to acquire Organon for $11.75bn [Yahoo! Finance]

Merck & Company, Inc. (new) (MRK) 
Last merck & company, inc. (new) earnings: 4/28 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.merck.com/home/default.aspx
Company Research Source: Yahoo! Finance
Organon, created through a spinoff from Merck & Co (MSD) in 2021, distributes more than 70 products across women's health and general medicines, including biosimilars, reaching 140 countries. The company's key markets include Brazil, Canada, China, the European Union (EU), and the US. Its manufacturing network comprises six facilities in emerging markets and the EU. Following completion of the transaction, Sun Pharma will have a combined revenue of $12.4bn. The company will operate across 150 countries, with 18 markets exceeding $100m in revenues each. The deal is projected to nearly double its earnings before interest, taxes, depreciation and amortisation (EBITDA) and cash flow, resulting in post-transaction net debt/EBITDA of 2.3×. Organon's portfolio and stakeholder relationships are expected to complement Sun Pharma's business. The boards of both companies have approved the transaction. The agreement remains subject to regulatory and Organon stockholder approvals, wit Show less Read more
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