Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Endo Health Solutions Inc    ENDP

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 
The feature you requested does not exist. However, we suggest the following feature:

Endo Health Solutions Inc : Endo Completes Acquisition of Paladin Labs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/28/2014 | 05:03pm CET

DUBLIN, Feb. 28, 2014 /PRNewswire/ --

    --  Accretive transaction accelerates Endo's transformation into a leading
        specialty healthcare company
    --  Creates a compelling financial and operational platform for future
        growth
    --  Establishes Endo's global pharmaceuticals footprint
    --  Endo Health Solutions Inc. becomes Endo International plc

Endo International plc (Nasdaq: ENDP; TSX: ENL), formerly Endo Health Solutions Inc., announced today that it has completed the acquisition of Paladin Labs Inc. in a stock and cash transaction currently valued at approximately $2.7 billion. The acquisition accelerates Endo's strategic transformation into a leading global specialty healthcare company and creates a platform for future growth in North America and around the globe.

In connection with the acquisition, Endo and Paladin Labs have been combined under a new company incorporated in Ireland named Endo International plc. Shares of Endo International plc will trade on NASDAQ under the ticker symbol ENDP and the Toronto Stock Exchange under the ticker symbol ENL.

Under the terms of the transaction, Paladin Labs shareholders received 1.6331 shares of Endo International plc stock and $1.16 (CAD) in cash for each Paladin Labs share they owned upon closing. In addition, for each Paladin Labs share owned at closing, shareholders of Paladin Labs received one share of Knight Therapeutics Inc., ("Knight Therapeutics") a newly formed Canadian company that has been separated as part of the transaction. Shareholders of Endo Health Solutions received one share of Endo International plc for each share of Endo Health Solutions Inc. they owned upon closing.

"The combination of Endo and Paladin Labs accelerates Endo's transformation into a leading global specialty healthcare company and establishes a platform for additional strategic acquisitions," said Rajiv De Silva, president and chief executive officer of Endo. "Endo will continue with a sharp strategic focus, lean operating model and improved execution of core businesses. Strategic acquisitions will also continue to play a key role in maximizing our growth potential and creating value for Endo International shareholders."

About Endo

Endo International plc is a global specialty healthcare company focused on improving patients' lives while creating shareholder value. Endo develops, manufactures, markets, and distributes quality branded pharmaceutical, generic and device products through its operating companies. Endo has global headquarters in Dublin, Ireland and US headquarters in Malvern, PA. Learn more at www.endo.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements including words such as "believes," "expects," "anticipates," "intends," "estimates," "plan," "will," "may," "look forward," "intend," "guidance," "future" or similar expressions are forward-looking statements. Because these statements reflect our current views, expectations and beliefs concerning future events, these forward-looking statements involve risks and uncertainties. Investors should note that many factors, as more fully described under the caption "Risk Factors" in our Form 10-K, Form 10-Q and Form 8-K filings with the Securities and Exchange Commission and as otherwise enumerated herein or therein, could affect our future financial results and could cause our actual results to differ materially from those expressed in forward-looking statements contained in our Annual Report on Form 10-K. The forward-looking statements in this press release are qualified by these risk factors. These are factors that, individually or in the aggregate, could cause our actual results to differ materially from expected and historical results. We assume no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.

SOURCE Endo International plc

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ENDO HEALTH SOLUTIONS INC
11/29 ENDO INTERNATIONAL PLC : Bronstein, Gewirtz & Grossman, LLC Reminds Investors of..
11/24 ENDO INTERNATIONAL PLC : Bronstein, Gewirtz & Grossman, LLC Notifies Investors o..
11/04 ENDO INTERNATIONAL PLC : Bronstein, Gewirtz & Grossman, LLC Announces Investigat..
11/04 EXCLUSIVE : Endo considers sale of Paladin Labs to Knight Therapeutics - sources
11/04 Drugmakers under fire for possible U.S. price fixing
11/03ENDO INTERNATIONAL PLC : quaterly earnings release
10/03 DRUG MAKER CONCORDIA IN TALKS TO SEL : sources
09/26 ENDO INTERNATIONAL PLC : Blog Coverage Change in Leadership at Endo Pharma
09/23 Endo International CEO steps down, Campanelli named successor
08/09DJU.S. HOT STOCKS : Hot Stocks to Watch
More news
Sector news : Generic Pharmaceuticals
04:31pDJASTRAZENECA : FDA Accepts License Application for Durvalumab
02:05pDJBayer Teams Up With Versant to Develop Stem-Cell Therapies--Update
12/08 BRISTOL MYERS SQUIBB : Meyers Squibb to pay $19.5 million to settle off-label pr..
12/07 MYLAN : EpiPen maker Mylan to restructure, cut workforce
12/07DJABBOTT LABORATORIES : Seeks to Terminate Alere Deal -- Update
More sector news : Generic Pharmaceuticals
Advertisement
Financials ($)
Sales 2016 3 931 M
EBIT 2016 1 485 M
Net income 2016 342 M
Debt 2016 7 956 M
Yield 2016 -
P/E ratio 2016 38,40
P/E ratio 2017 8,97
EV / Sales 2016 2,91x
EV / Sales 2017 2,71x
Capitalization 3 488 M
More Financials
Technical analysis trends ENDO HEALTH SOLUT...
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus 
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 23,6 $
Spread / Average Target 51%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Paul V. Campanelli President, Chief Executive Officer & Director
Roger H. Kimmel Chairman
Terrance J. Coughlin Chief Operating Officer & Executive Vice President
Blaise Coleman Chief Financial Officer
Robert J. Cobuzzi SVP-Operations, Research & Development Strategy
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ENDO HEALTH SOLUTIONS ..3 488
SUN PHARMACEUTICAL IND..-18.89%24 003
OTSUKA HOLDINGS CO LTD2.77%21 705
ONO PHARMACEUTICAL CO...-45.66%12 081
ASPEN PHARMACARE HOLDI..-11.51%9 015
SHANGHAI FOSUN PHARMAC..-0.77%8 009
More Results