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Drugs & Pharmaceuticals M&A image Drugs & Pharmaceuticals M&A » By The Online Investor Staff, updated Sat., Apr. 20, 7:22 AM Recent mergers and acquisitions in the Drugs & Pharmaceuticals M&A category.

This Slide: #11 of 100

Slide #11. Actavis — Four Products from Akorn

Acquirer: Actavis (NASDAQ:ACT)
Acquiree: Four Products from Akorn
Details: Actavis plc (NYSE: ACT), a leading global specialty pharmaceutical company, today announced that it has entered into agreements with Akorn, Inc. and Hi-Tech Pharmacal Co. Inc. to purchase four currently marketed products and one product under development for cash consideration. The closing of the purchase agreements are contingent upon the consummation of Akorn's acquisition of Hi-Tech. Financial terms of the agreements were not disclosed.

Enact Holdings is a private mortgage insurance company. Through its subsidiaries, Co. provides credit protection to mortgage lenders and investors, covering a portion of the unpaid principal balance of mortgage loans where the loan amount exceeds 80% of the value of the home ("low-down payment loans"). Co.'s credit protection provides families access to homeownership sooner than would otherwise be possible. Co. facilitates the sale of mortgages to the secondary market, including to the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation and private investors, and protect the balance sheets of mortgage lenders that retain mortgages in their portfolios.

ACT SEC Filing Email Alerts Service

Preferred: ACT.PRA



Open the ACT Page at The Online Investor »

ACT — Key Stats (updated 20 hours, 15 minutes ago)
Company Name:  Enact Holdings Inc
Stock buyback:  ACT buyback
Website:  www.enactmi.com
Sector:  Insurance Brokers
Number of ETFs Holding ACT:  24
Total Market Value Held by ETFs:  $122.57M
Total Market Capitalization:  $4.68B
% of Market Cap. Held by ETFs:  2.62%
 

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April 20, 2024  •  7:22 AM Eastern
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