Prestige Consumer Healthcare agreed to acquire the Breathe Right brand and certain other brands from Foundation Consumer Healthcare for $1.045 billion (approximately $900 million net of anticipated tax benefits valued at $150 million). The definitive agreement expands Prestige's consumer healthcare portfolio and is a sizable strategic M&A transaction for the company. No financing or closing timeline was disclosed in the report.
Prestige Consumer Healthcare agreed to acquire the Breathe Right brand and certain other brands from Foundation Consumer Healthcare for $1.045 billion (approximately $900 million net of anticipated tax benefits valued at $150 million). The definitive agreement expands Prestige's consumer healthcare portfolio and is a sizable strategic M&A transaction for the company. No financing or closing timeline was disclosed in the report.
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