Abbott Acquires Alere
Davis Polk is advising JP Morgan as financial adviser to Alere Inc. in connection with its $5.8 billion acquisition by Abbott Laboratories. The transaction is subject to the approval of Alere’s shareholders and satisfaction of customary closing conditions.
Headquartered in Waltham, Massachusetts, Alere is a global leader in point of care diagnostics. Abbott is a global health care company devoted to improving life through the development of products and technologies that span the breadth of health care.
The Davis Polk corporate team includes partner Phillip R. Mills and associate Faizan A. Tukdi. All members of the Davis Polk team are based in the New York office.
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