Story perspectives
$6.7 Billion Merger: Mallinckrodt and Endo Join Forces
3/13/2025
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Story summary
- Mallinckrodt and Endo are merging for $6.7 billion to form a diversified pharmaceutical company.
- Endo shareholders will receive $80 million in cash and own 49.9% of the new entity.
- Mallinckrodt shareholders will retain 50.1% ownership.
- The merger aims to boost branded drug sales and tackle opioid litigation challenges.
- The deal is set to close in late 2025, with projected revenue of $3.6 billion.
