The Stateâs tax authorities have rejected an offer from consumer healthcare group Perrigo to settle an outstanding â¬1.64 billion tax bill.
The decision has emerged just days after Perrigo chief executive told analysts for the first time that the company had made an offer to the Revenue Commissioners.
Chief executive Murray Kessler said in the call on Tuesday that âsufficient progressâ had been made in discussions with Revenue over several months for Perrigo to âsubmit a board-approved offer to settle the matterâ.
However, in a filing to the US companies regulator, the Securities and Exchange Commission late on Wednesday, the company conceded that the offer had been rejected.