AmerisourceBergen Corporation ABC today announced that it has
signed a definitive agreement to sell its contract packaging business,
AndersonBrecon, to an entity formed by affiliates of an investor group
led by Frazier Healthcare VI, L.P. for the purpose of acquiring
AndersonBrecon. The purchase price for the transaction is $308 million
in cash, subject to customary adjustments for, among other things, the
working capital of the business. The investor group includes affiliates
of Greenspring Associates, QIC Global Private Equity, and Thomas
McNerney & Partners. The transaction is subject to customary closing
conditions, including receipt of certain regulatory reviews, and is
expected to close in the third quarter of fiscal 2013, which ends June
30, 2013.
See full press release
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