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Stock impact report

Perrigo Announces Agreement to Divest Dermacosmetics Business for up to €327 Million [Yahoo! Finance]

Perrigo Company plc Ordinary Shares (PRGO) 
Last perrigo company plc ordinary shares earnings: 4/30 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: perrigo.investorroom.com
Company Research Source: Yahoo! Finance
Total Consideration of Up to €327 Million, Consisting of €300 Million in Upfront Cash and Up to €27 Million in Potential Future Milestone Payments Expected Net Proceeds to be Directed Towards Previously Announced Capital Allocation Priorities, Including Further Strengthening the Company's Balance Sheet DUBLIN July 14, 2025 /PRNewswire/ -- Perrigo Company plc (NYSE: PRGO) ("Perrigo" or the "Company"), a leading global provider of Consumer Self-Care Products, today announced it has signed an agreement with Kairos Bidco AB, an investment vehicle managed by KKR, a leading global investment firm, to sell the Company's Dermacosmetics branded business for up to €327 million, including €300 million in upfront cash and up to an additional €27 million contingent on the achievement of net sales milestones over the next three years. This transaction advances the Company's Three-S plan to Stabilize, Streamline and Strengthen the organization, honing its strategic focus to invest in its 'high- Show less Read more
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