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Private equity firm to buy UDG Healthcare

Wed, 12th May 2021 07:33

LONDON, May 12 (Reuters) - Private equity firm Clayton,
Dubilier & Rice (CDR) has agreed to buy London-listed UDG
Healthcare for 2.6 billion pounds ($3.7 billion), the
pharmaceuticals services company said on Wednesday.

CDR has agreed to pay 10.23 pounds in cash per share in UDG,
a premium of 21.5% on Tuesday's close.
($1 = 0.7076 pounds)
(Editing by Keith Weir and Jason Neely)

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