E-HEALTH
Acquirer
Target
Price
Dell, Inc.
Perot Systems Corporation
$3.9 billion
What’s Hot
To increase revenue from providing services to customers and offset its stagnant personal computer business, Dell is buying Perot Systems for $30.00 per share, or $3.9 billion. Perot Systems Corp. provides IT services and business solutions worldwide, and derives half its revenue from its health care business.
PHARMACEUTICALS
Acquirer
Target
Price
Warner Chilcott, Ltd.
P&G global pharmaceuticals business
$3.1 billion
What’s Hot
In a transaction that should increase its sales by over two times, Warner Chilcott is paying $3.1 billion, or 1.4x revenue, to acquire Procter and Gamble’s global pharmaceutical business. Procter and Gamble had been seeking to exit the prescription drug business.
MEDICAL DEVICES
Acquirer
Target
Price
Danaher Corporation
Life sciences instrumentation business
$1.1 million
What’s Hot
In a deal valued at $1.1 billion, MDS, Inc. and Life Technologies Corp. are selling their interests in the Applied Biosystems/MDS Sciex joint venture, a mass spectrometry business, and Molecular Devices Corp., a bioresearch and analytical instrumentation business, to Danaher Corp.
LONG-TERM CARE
Acquirer
Target
Price
Blackstone Real Estate Advisors
148-facility portfolio
$1.1 billion
What’s Hot
Blackstone Real Estate Advisors is partnering with Emeritus Senior Living to acquire a portfolio of 148 senior living facilities from Sunwest Management for approximately $1.1 billion in equity and debt. Sunwest is currently reorganizing. If the deal goes through, Emeritus will manage the facilities.
BIOTECHNOLOGY
Acquirer
Target
Price
Roche Holding AG
CNS drug development deal
$968.0 million
What’s Hot
In a development deal that is worth up to $968.0 million in upfront and milestone payments, New Jersey-based PTC Therapeutics is forging an exclusive research collaboration and licensing agreement with Roche Holding to develop orally bioavailable small molecules focusing on CNS disease targets. The deal also provides for an additional four targets, which could raise the value of the entire collaboration to $1.9 billion.
