Capital Com MENA Securities Trading LLC is regulated by the Capital Market Authority.
Open platformOpen platform

Perrigo agrees to sell infant formula business to MeridianMade for up to $175 million

By Public Technologies
  • Perrigo agreed to sell its infant formula business to MeridianMade for up to $175 million.
  • Terms include $40 million cash at closing, with up to $135 million tied to performance milestones through 2030.
  • Closing is expected in the first half of 2027.
  • A non-cash impairment charge of $275 million to $375 million is expected in the fourth quarter of 2026.
  • The sale is expected to improve margins, reduce future capital spending and sharpen the focus on consumer self-care products.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perrigo Company plc published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610290900PR_NEWS_USPR_____DE84275) on October 29, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.