Irish drugmaker Warner Chilcott is buying the pharmaceutical¹ business of Procter & Gamble for $3.1bn (£1.9bn).

爱尔兰药物制造商Warner Chilcott 将要以31亿美元购买宝洁医药商业部分。

Warner said the deal would turn it into a global drugs giant

The move will see Warner more than triple its annual turnover², and the firm's US listed shares jumped 26% following the announcement.

US consumer products giant Procter said it was ending its involvement in the production of prescription³（药方） drugs.

Procter makes everything from Gillette razors to Pringles crisps（炸土豆片）, Duracell batteries, and Fairy washing liquid.

"The acquisition（获得，所获之物） transforms Warner Chilcott into a global pharmaceutical company," said the Irish company.

Warner is financing the deal through debt, and said the majority of the 2,300 employees in Procter's pharmaceuticals⁴ unit would simply transfer across.

Analysts⁵ say that Procter said decided⁶ to exit the business because of the growth in competition from generic⁷（一般的，普通的） drugmakers.

Procter's branded drugs, such as osteoporosis（骨质疏松症） treatment Actonel, have annual sales of $2.3bn.