Pamplona Capital Management will acquire MedAssets, a healthcare revenue and supply chain management business, for about $2.7 billion in enterprise value, a 44.5 percent premium to the 30-day trading volume weighted average price of MedAssets stocks.
Pamplona is paying $31.35 per MedAssets share in cash and the transaction is expected to close in the first quarter of 2016.
To read the full article, go to Private Healthcare Investor.