Merck Pays $3.85B for Idenix
Merck & Co. in Whitehouse Station announced on June 10 that it has paid $3.85 billion to acquire Idenix Pharmaceuticals in Cambridge, Mass. Teams from New York City-based Hughes, Hubbard, & Reed and Sullivan & Cromwell are representing Merck and Idenix, respectively.
NRG Buys Alta Wind for $870M
Princeton’s NRG Energy announced on June 4 that its subsidiary, NRG Yield, has acquired the Alta Wind Energy Center in Tehachapi, Calif., from fellow energy utility Terra-Gen Power in New York City, for about $870 million.
Celsion Buys EGEN for $14M
Celsion, an oncology drug manufacturer in Lawrenceville, announced on June 10 that it has acquired biopharmaceutical company EGEN in Huntsville, Ala., for $14 million in cash and stock, plus up to $30 million in profit-related payments.
Aerosoles Acquired by PCRP
Private equity firm Palladin Consumer Retail Partners in Boston announced on June 9 its acquisition of Edison-based women’s footwear distributor Aerosoles.
Vitamin Shoppe Buys FDC Vitamins
North Bergen nutritional supplement retailer Vitamin Shoppe announced on June 9 that it has acquired vitamin manufacturer FDC Vitamins in Miami from health-care private equity firm MBF Healthcare Partners of Coral Gables, Fla.
Singleterry Mansley Acquired
Summit’s Singleterry Mansley Asset Management Co. announced on June 5 that it has been acquired by financial services provider GAM Holding AG of Zurich, Switzerland.