PRGO · PERRIGO Co plc · Documents
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Perrigo Company plc reported Core adjusted diluted EPS of $0.61, down 9.0%, and agreed to divest Infant Formula for up to $175 million. The company expects a $275.0 million to $375.0 million impairment loss during the fourth quarter of 2026.
Perrigo entered a definitive agreement for MeridianMade to acquire its Infant Formula business for total consideration of up to $175 million, including $40 million cash at closing and up to $135 million in contingent payments. Closing is expected in the first half of 2027.