Warner Chilcott Weighs Sale To Boost Shareholder Value

Law360, New York (April 30, 2012, 6:09 PM EDT) -- Warner Chilcott PLC is considering selling itself as it looks to increase shareholder value, and is in preliminary discussions with several potential buyers, the company announced Monday.

The potential sale is only one in a “broad range of strategic alternatives,” Warner Chilcott said in a statement from Dublin, confirming various media reports that the company was considering a buyout.

“These discussions are at a preliminary stage and may or may not lead to an offer for the company,” Warner Chilcott said. “The company does not intend...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.