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Drugmakers Mallinckrodt, Endo in talks to merge, Bloomberg News reports
Dow Jones Industrial Average DJI | 42299.70 | -0.37% |
ENDO INC NDOI | 25.30 25.50 | +0.20% +0.79% Post |
MALLINCKRODT PLC MCKPF |
| 0.00% 0.00% Post |
S&P 500 INDEX SPX | 5693.31 | -0.33% |
NASDAQ IXIC | 17804.03 | -0.53% |
March 12 (Reuters) - Mallinckrodt Pharmaceuticals MCKPF.PK and Endo NDOI.PK are exploring a potential merger that could be valued at about $7 billion, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.
(Reporting by Bhanvi Satija in Bengaluru; Editing by Arun Koyyur)
((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91 9873062788;))