Perrigo Deal Includes $40M at Closing, Up to $135M in Milestones
The deal includes $40 million cash at closing and up to an additional $135 million in contingent milestone payments.
Story updates
01:07:06 PM UTC
SquawkNews
Perrigo entered a deal to sell its Infant Formula business to MeridianMade for up to $175M, including $40M at closing and up to $135M in milestones. Closing is expected in H1 2027, subject to approvals. A $275—$375M non-cash impairment is expected in Q4 2026.Material DetailsContext by AI AnalystThi…