Quintiles, IMS Health to merge in $9 bln deal: Reuters
Contract medical research provider Quintiles Transnational Holdings Inc will merge with healthcare information company IMS Health Holdings Inc in a deal worth about US$9 billion, Reuters reported. The combined company, Quintiles IMS Holdings Inc, will have a market value of nearly US$18 billion. Danbury, Conn.-based IMS Health went public in 2014 after being held for four years by Canada Pension Plan Investment Board and other private equity investors. The company remains a portfolio investment of CPPIB.
3 May 2016•2 mins read
