EX-99.2 5 d636864dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

Consent of Houlihan Lokey Financial Advisors, Inc.

December 10, 2013

Endo Health Solutions Inc.

1400 Atwater Drive

Malvern, PA 19355

Attn: Board of Directors

 

  Re: Registration Statement on Form S-4 of Endo International Limited (File No. 333- [            ])

Dear Board of Directors:

Reference is made to our opinion letter (“opinion”), dated November 5, 2013.

Our opinion was provided for the information and assistance of the Board of Directors of Endo Health Solutions Inc. (the “Company”) in connection with its evaluation of the transaction contemplated therein and may not be used, circulated, quoted or otherwise referred to for any other purpose, nor is it to be filed with, included in or referred to in whole or in part in any registration statement, proxy statement or any other document, except, in each instance, in accordance with our prior written consent. We understand that the Company has determined to include our opinion in the above-referenced Registration Statement.

In that regard, we hereby consent to the reference to our opinion in the above-referenced Registration Statement under the captions “SummaryOpinion of Endo’s Financial Advisors—Opinion of Houlihan Lokey Financial Advisors, Inc.,” “The Merger and the ArrangementBackground of the Transaction,” “The Merger and the ArrangementRecommendations of Endo’s Board of Directors; Endo’s Reasons for the Merger,” “The Merger and the ArrangementOpinion of Endo’s Financial Advisors—Opinion of Houlihan Lokey Financial Advisors, Inc.,” and to the inclusion of our opinion in the Proxy Statement/Prospectus included in the Registration Statement, appearing as Appendix F to such Proxy Statement/Prospectus. Notwithstanding the foregoing, it is understood that our consent is being delivered solely in connection with the filing of the above-mentioned version of the Registration Statement and that our opinion is not to be used, circulated, quoted or otherwise referred to for any other purpose, nor is it to be filed with, included in or referred to in whole or in part in any registration statement (including any subsequent amendments to the above-mentioned Registration Statement), proxy statement or any other document, except, in each instance, in accordance with our prior written consent.

In giving such consent, we do not thereby admit that we are experts with respect to any part of such Registration Statement within the meaning of the term “expert” as used in, or that we come within the category of persons whose consent is required under, the Securities Act of 1933, as amended, or the rules and regulations of the Securities and Exchange Commission promulgated thereunder.

 

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Very truly yours,

HOULIHAN LOKEY FINANCIAL ADVISORS, INC.

By:   /s/ Christopher Croft

Name: Christopher Croft

Title: Managing Director

 

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