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Pfizer to buy Hospira for about $15 billion

    PFIZER
    22,8300+1,02%
    HOSPIRA
    89,95-0,01%
    (Reuters) - Drugmaker Pfizer Inc said it would buy Hospira Inc for about $15 billion to gain access to its biosimilars.

    The offer of $90 per share represents a premium of 39 percent to HOSPIRA (HSP.NY)stock's close on Wednesday.

    The total enterprise value of the deal is about $17 billion, the companies said.

    (Reporting by Vidya L Nathan in Bengaluru; Editing by Don Sebastian)

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