Pharma BD Deal Intelligence

Watson Pharmaceuticals (Actavis Inc.) / Actavis plc

2012 · Acquisition/Merger · $5.9B · Complete

CALLED IT — OFF BY 9
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The coverage arc

Apr 25, 2012 PR Newswire (Watson statement) Bullish

Watson CEO Paul Bisaro: 'This transaction achieves Watson's stated strategic objective of expanding and diversifying our business into a truly global company.'…

Oct 31, 2012 FiercePharma Bullish

Watson completed the €4.25B acquisition of Actavis on Oct 31, 2012, creating the world's third-largest generics company with pro-forma 2012 revenue >$8B. FTC…

Nov 05, 2012 GaBI Online (Generics and Biosimilars Initiative) Bullish

Combined entity achieves top-3 positioning in 11 markets and top-5 in 15 markets globally; ~40% of generics revenues will originate outside the US; deal builds…

Source summaries from our enrichment pipeline; follow links for originals.

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Watson Pharmaceuticals acquired Actavis Group for approximately EUR 4.25B (~$5.6-5.9B), creating the world's third-largest generics company with pro forma 2012 revenue of ~$8B. FTC required divestiture of 18 products to Sandoz/Par. Watson later renamed itself Actavis.

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Key facts

Related deals — scored

DealYearValueOutcome
Watson Pharmaceuticals (Actavis Inc.) / Actavis plc (this deal)2012$5.9B97
Watson Pharmaceuticals (Actavis Inc.) / Arrow Group2009$1.8B85
Watson Pharmaceuticals (Actavis Inc.) / Amarin Development AB (Amarin Corp subsidiary)2003$150M70
Watson Pharmaceuticals (Actavis Inc.) / Andrx Corporation2006$1.9B65
Watson Pharmaceuticals (Actavis Inc.) / Schein Pharmaceutical Inc.2000$674M65
Watson Pharmaceuticals (Actavis Inc.) / Eden Biodesign Limited2010$15M63
Watson Pharmaceuticals (Actavis Inc.) / Andrx Corporation2007$1.9B62

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