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Bridgepoint listing offers rare glimpse into the lucrative world of private equity

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UDG Healthcare : Private equity firm to buy UDG Healthcare in $3.7 bln deal


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LONDON, May 12 (Reuters) - Private equity firm Clayton,
Dubilier & Rice (CD&R) has agreed to buy London-listed UDG
Healthcare for 2.6 billion pounds ($3.7 billion), the
pharmaceuticals services company said on Wednesday.
CD&R will pay 10.23 pounds in cash per share in UDG,
representing a premium of 21.5% to Tuesday s close. By 0735 GMT
the London-listed shares were up 22.2% at 10.30 pounds.
UDG, which has its headquarters in Dublin, specialises in
healthcare advisory, communications, commercial, clinical and
packaging services.
We believe that this is an attractive offer for UDG
shareholders, which secures the delivery of future value for
shareholders in cash today, UDG Chairman Shane Cooke said in a ....

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