FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Perrigo Company PLC Settles Irish Tax Assessment for €297 million”
Perrigo Company PLC (NASDAQ: PRGO) surged over 17% in premarket trading after the company reached a settlement with the Irish Office of the Revenue Commissioners.
Perrigo has agreed to pay 297 million euros as a full and final settlement of all liabilities arising from the sale of the Tysabri® patents while the Irish Revenue will give Perrigo credit for certain taxes already paid and take no further action in relation to the Notice of Amended Assessment or any Tysabri®-related income or transactions.
Perrigo Company plc is a leading provider of Quality, Affordable Self-Care Products and over-the-counter (OTC) health and wellness solutions that enhance individual well-being by empowering consumers to proactively prevent or treat conditions that can be self-managed. Led by its consumer self-care strategy, Perrigo is the largest store brand OTC player in the U.S. in the categories in which it competes through more than 9,000 SKUs under customer ‘own brand’ labels.
For more information, please visit: Perrigo Company PLC
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