CD&R and Cardinal Health to invest in naviHealth
Clayton, Dubilier & Rice and Cardinal Health Inc will jointly invest in Brentwood, Tennessee-based naviHealth, a manager of post-acute benefits for health plans. No financial terms were disclosed. According to terms of the deal, CD&R will acquire about a 55 percent ownership stake in naviHealth while Cardinal Health will retain an approximate 45 percent stake in the company. The transaction is expected to close in the third quarter of this year.
13 June 2018•4 mins read
