LLY

Eli Lilly to buy Novartis’ animal health unit for $5.4 bln

[Reuters] – Eli Lilly and Co said on Tuesday it will buy Swiss drugmaker Novartis AG’s animal health business for $5.4 billion in cash to strengthen and diversify its Elanco unit. Lilly said it plans to fund the deal … moreView todays social media effects on LLYView the latest stocks trending across Twitter. Click to view dashboardSee who Eli is […]

Novartis Announces Major Restructuring

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Eli Lilly to buy part of Novartis for $5.4 bn

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Eli Lilly to buy Novartis’ animal health business for $5.4 billion

[Reuters] – Lilly said it plans to fund the deal with about $3.4 billion of cash on hand and borrow $2 billion. Animal health continues to represent an attractive growth opportunity for Lilly. We intend to keep Elanco and to take advantage of the substan moreView todays social media effects on LLYView the latest stocks trending across Twitter. Click to […]

Novartis exchanges assets with Glaxosmithkline

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