It does firm up Merck's ability to compete against Zoetis, though. So it is decidedly good news (even if small, by Kenilworth standards). Here's the blurb:
. . . .Under the deal, Merck will acquire Antelliq Group, a digital animal identification, traceability, and monitoring company.
Antelliq’s products allow access to real-time, actionable information that can help farmers and veterinarians improve livestock management and health outcomes.
As part of the agreement, Merck will make a cash payment. . . to obtain all outstanding shares of Antelliq and will assume the company’s debt of $1.3 billion [which will be retired shortly after closing]. . . .
With the ultimate goal of optimising how livestock is raised, Allflex Livestock Intelligence helps farmers act in a timely manner, to safeguard their animals’ health, while achieving optimal production outcomes for a healthy food supply. . . .
Onward, to Christmas-time arrivals from near and far! Be excellent to one another. . . .
नमस्ते
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