ICON to Acquire PRA for $12B, as COVID-19 Spurs CRO Consolidation
ICON to Acquire PRA for $12B, as COVID-19 Spurs CRO Consolidation February 25, 2021 ICON has agreed to acquire PRA Health Sciences for approximately $12 billion in cash and stock, in a deal that continues the consolidation of contract research organizations (CROs) into a handful of corporate giants. [ICON plc] Share ICON has agreed to acquire PRA Health Sciences for approximately $12 billion in cash and stock, the companies said, in a deal that continues the consolidation of contract research organizations (CROs) into a handful of corporate giants. The deal, announced yesterday, will produce ...