Perrigo Prices Offering Of 5.92 Mln Ordinary Shares At $152/SHr

(RTTNews) - Perrigo Company plc (PRGO), a provider of "Quality Affordable Healthcare Products, announced the pricing of the registered public offering of 5.92 million of its ordinary shares at $152.00 per share. The underwriters were granted a 30-day option to buy an additional 888,157 ordinary shares.

The net proceeds from the offering are estimated to be around $870.8 million or approximately $1.0 billion if the underwriters exercise in full their option to purchase additional ordinary shares.

The offering may close on November 26, 2014, which is earlier to the expected date of the consummation of the acquisition. J.P. Morgan, Barclays and BofA Merrill Lynch are the joint book-running managers in the offering.