Elanco Animal Health Finalizes Aquaculture Sale for $1.3B

Elanco Animal Health (ELAN) has issued an announcement.

Elanco Animal Health Incorporated successfully completed the sale of its aquaculture business to Intervet International B.V. for approximately $1.3 billion on July 9, 2024. This significant cash transaction, which was initially agreed upon in February 2024, involved the transfer of assets to Intervet, strengthening Elanco’s financial position and marking a strategic shift for the company.

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