London-listed UDG Healthcare agrees £2.8bn takeover deal London-listed UDG Healthcare agrees £2.8bn takeover deal London-listed private healthcare business UDG has agreed a takeover deal after its US buyer hiked its offer to £2.8bn. Private equity group Clayton, Dubilier & Rice had tabled a £2.6bn offer in May, but some shareholders branded the bid “opportunistic”. Clayton, Dubilier & Rice, which is bidding through affiliate Nenelite, today unveiled an increased and [...]
US investment giant to take London-listed UDG Healthcare private in £2.6bn deal UDG Healthcare, the Dublin-based health services group, is set to go private after a subsidiary of US private equity giant Clayton, Dubilier & Rice made a £2.6bn cash offer to buy the firm. Nenelite, an Ireland-based affiliate of Clayton, Dubilier & Rice, today announced the proposed deal, which is subject to shareholder approval and is [...]
UDG in excellent health as profits rise in full year results UDG in excellent health as profits rise in full year results UDG Healthcare, the international healthcare services supplier, posted a rise in annual profit today on the back of less one-off charges and margin improvements. The FTSE 250 firm also said its earnings per share rose seven per cent in the company’s year end results, at the top end of its previous guidance. Read more: Compass [...]