tiprankstipranks
Elanco Animal Health Finalizes Aquaculture Sale for $1.3B
Company Announcements

Elanco Animal Health Finalizes Aquaculture Sale for $1.3B

Stay Ahead of the Market:

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.

For detailed information about ELAN stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App