Summary
This 8-K filing from Merck & Co., Inc. (MRK), filed on November 26, 2007, relates to a significant event that occurred on November 19, 2007: the completion of Schering-Plough Corporation's acquisition of Organon BioSciences N.V. from Akzo Nobel N.V. for approximately €11 billion in cash. Organon BioSciences is a substantial entity, comprising a human health business (Organon), an animal health business (Intervet), a human vaccine development unit (Nobilon), and a third-party manufacturing unit (Diosynth).
Key Highlights
- 1Schering-Plough Corporation successfully closed the acquisition of Organon BioSciences N.V. from Akzo Nobel N.V.
- 2The acquisition was a significant cash transaction, valued at approximately €11 billion.
- 3Organon BioSciences includes the human health business, Organon.
- 4Organon BioSciences includes the animal health business, Intervet.
- 5The acquisition also encompasses Nobilon, a human vaccine development unit.
- 6The deal includes Diosynth, a third-party manufacturing unit affiliated with Organon.