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Notable Mergers and Acquisitions of the Day 02/01: CEPH, SUN/BAK, MDZ/DHR

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    Last Updated: February 2nd, 2010
    • Cephalon, Inc. (NASDAQ: CEPH) signed an agreement to acquire Mepha AG and its subsidiaries, a profitable, privately-held, Swiss-based pharmaceutical company, for CHF 622.5 million, or an estimated $590 million USD.

      Cephalon expects that the acquisition will be accretive to adjusted earnings per share in 2010 and will update its 2010 guidance when it reports full year 2009 financial results on February 11, 2010. In the interim, the company withdraws its full year 2010 guidance issued on October 27, 2009.

    • Sunoco, Inc. (NYSE: SUN) said today that it has reached an agreement to sell its subsidiary Sunoco Chemicals, Inc., comprised of its polypropylene

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