Accord Healthcare Ltd. entered into a definitive agreement to acquire Actavis Ireland Limited and Actavis UK Ltd from Teva Pharmaceutical Industries Limited (NYSE:TEVA) for an enterprise value of approximately £600 million on October 5, 2016. The sale will include a portfolio of generic medicines plus a manufacturing plant in Barnstaple, England. Teva will retain a number of Actavis non-overlapping generic products plus certain specialty medicines and over-the-counter products. The transaction will be funded through a term loan facility of approximately £390 million from Citibank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, The Bank of Tokyo-Mitsubishi UFJ and HSBC. Actavis Ireland Limited and Actavis UK Ltd reported revenues of £250 million in 2015. The deal is subject to regulatory approval and final approval from the European Commission. The transaction is expected to close in the fourth quarter of 2016. Greenhill & Co. acted as financial advisor to Teva. Moelis & Company and Stefano Beschi, Dimitrios Iroidis , Doron Gurevitz , Amitabh Malhotra and Subhakanta Bal of Rothschild & Co acted as financial advisors for Accord Healthcare. James Inglis, Andrew Webb and Narayan Iyer of Linklaters acted as legal advisor for Accord Healthcare. Gaurang Darji of ONE Advertising & Communication Services Ltd acted as PR advisor in the transaction. Pinsent Masons and Osborne Clarke acted as legal advisors to Teva. Devidas Banerji, Ahana Sinha and Hemant Kothari of Khaitan & Co acted as an advisor for the consortium of lenders. Allistair Booth, Andrew Hornigold, Joe Sandys, Adam Coughlin, Jennifer Hopkins, Allison Sadick, Louise Fullwood, Zara Early, Tom Watkins, Christopher Sharp, Deborah Bould, Nick Stones, Eloise Walker, Satvi Veepa, Giles Warrington, Richard Snape, Ellie Okereke, Stephen Cochrane, Genna Oakes, Matthew Cooper, Fiona Kindness, Charles Waddell, Thilo Schneider, Ciaran Wilkinson, Joss Ealey, Helen Connor and Cat Sibthrop of Pinsent Masons acted as legal advisors to Teva. KPGM acted as an accountant to Teva Pharmaceutical Industries Limited Accord Healthcare Ltd. completed the acquisition of Actavis Ireland Limited and Actavis UK Ltd from Teva Pharmaceutical Industries Limited (NYSE:TEVA) on January 9, 2017.