Fresenius, a German manufacturer of dialysis equipment, acquired APP Pharmaceuticals for $$ 4.6$ billion. The deal includes
Question:
Fresenius, a German manufacturer of dialysis equipment, acquired APP Pharmaceuticals for $\$ 4.6$ billion. The deal includes an earnout, under which Fresenius would pay as much as $\$ 970$ million if APP reaches certain future financial targets. What is the purpose of the earnout? How does it affect the buyer and the seller?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Mergers Acquisitions And Other Restructuring Activities
ISBN: 9780128016091
9th Edition
Authors: Donald DePamphilis
Question Posted: