CD&R to exit PharMEDium Healthcare in $2.575 bln sale

AmerisourceBergen said Tuesday that it has agreed to buy PharMEDium Healthcare Holdings Inc. for $2.575 billion in cash, subject to certain adjustments. Clayton, Dubilier & Rice is the seller. Lake Forest, Illinois-based PharMEDium provides outsourced compounded sterile preparations (CSPs) to acute care hospitals. Morgan Stanley & Co. LLC acted as financial advisor to AmerisourceBergen while J.P. Morgan Securities LLC and Credit Suisse advised PharMEDium.

6 October 2015•6 mins read
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