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Joele Frank handles Mallinckrodt as it merges with Endo to create a global diversified pharmaceuticals company in a deal valued at $6.7B.
Mallinckrodt shareholders will own 50.1 percent of the revamped company with Endo stockholders getting a 49.9 percent stake.
Siggi Olafsson, Mallinckrodt, will become president & CEO, with Paul Efron, Endo director, taking the chairman slot.
The merger “will create a larger and more diversified entity with the scale and resources to unlock the full potential of both companies,” said Olafsson.
The combined company is expected to generate 2025 revenues of $3.6B and have about 5,700 employees.
Mallinckrodt’s Dublin headquarters will serve as the global HQ of the merged companies. A US headquarters, as well as a corporate name for the combined company, has yet to be determined.
Joele Frank, Wilkinson Brimmer Katcher has partners Michael Freitag, Aura Reinhard, and Aaron Palash; and directors Catherine Simon and Carly King handling Mallinckrodt.
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