Canada-based Valeant Pharmaceuticals adjusted its deal to acquire Salix Pharmaceuticals to $173 per share, or $11.1 billion. Including debt, the deal is valued at $15.8 billion.

In the previous deal, Valeant offered to acquire the company for $158 per share, or $14.5 billion. The offer was increased after Endo International (ENDP) expressed interest in acquiring Salix for $175 per share, or $11 billion.

The adjusted deal has been approved by the Boards of Directors of both companies.

This transaction will be one of many for Valeant. The pharmaceutical giant has made over 100 transactions since 2008, including joint ventures. M&A is a common strategy among many drug companies, as many struggle to grow organically without acquisitions.

Last year, Valeant’s deal to acquire Allergan (AGN) fell through, and since then, VRX has been seeking alternative deals.

Investors interested in VRX and may also consider a mutual fund as an alternative to owning the individual stock. The funds below currently hold the largest stakes in VRX.

The funds above are a great way for investors to gain exposure to a diverse bundle of securities and industries. Investors interested in VRX may also be interested in Allergan (AGN) and GlaxoSmithKline (GSK).

If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.