May 28 Hikma Pharmaceuticals Plc
* Hikma pharmaceutical - acquisition
* Signed an asset purchase agreement with Ben Venue Laboratories Inc., a member of Boehringer Ingelheim Group of Companies
* Deal for a total consideration of up to $300 million
* A further $75 million in contingent cash payments will be paid, subject to achievement of performance-related milestones, over a period of five years.
* Hikma has entered into an exclusivity arrangement with Boehringer Ingelheim Group to potentially acquire substantially all of assets of Ben Venue manufacturing facility in Bedford, Ohio
* Transaction highlights slightly dilutive to adjusted EPS in 2014 and 2015, with strong EPS accretion thereafter as acquired products are re- introduced to market Source text for Eikon: Further company coverage: