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Viatris agrees to acquire Pasira Bioscience for $1.65 billion

The Wall Street Journal +7 ·

VTRS
VTRS Viatris Inc
$17.44 -0.29%
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  1. 1Viatris has agreed to acquire Pasira Bioscience for a cash consideration of $1.65 billion.
  2. 2Viatris will launch a tender offer at an acquisition price of $36.50 per share for Pasira Bioscience.
  3. 3The boards of both companies have unanimously approved the transaction.

So what's the key point?

Viatris has decided to buy Pasira Bioscience for $1.65 billion. The company plans to acquire the business by purchasing shares at $36.50 per share.

Source The Wall Street Journal +7 · View original ↗

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