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Mallinckrodt plc in the $925 million sale of its Therakos business to CVC Capital Partners

On August 5, 2024, Mallinckrodt plc, a global specialty pharmaceutical company, and CVC Capital Partners, one of the world’s leading investment firms, announced that they have entered into a definitive agreement under which CVC will acquire Mallinckrodt’s Therakos business for a purchase price of $925 million, subject to customary adjustments.

Wachtell, Lipton, Rosen & Katz is serving as legal counsel to Mallinckrodt.

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