Divestitures Greater Than $50M
September 8, 2008
Target: Monsanto Co - Dairy Hormone Business (O119)
Mnfr agricultural prod
United States
Morgan StanleyAcquiror: Eli Lilly & Co (2834)
Mnfr, whl pharm
United States
Deal InformationValue:
Type:
Announced:300.0
Acq. of Assets
08/20/08US - Eli Lilly & Co agreed to acquire the dairy hormone business (DH) of Monsanto Co (MC), a manufacturer of agricultural products, for $300 mil, including an undisclosed amount in profit related payments. Originally, in August 2008, MC announced that it was seeking a buyer for DH.
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