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McKesson to Acquire Celesio for €23/Share

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McKesson Corporation (NYSE: MCK) and Celesio AG, a leading international wholesale and
retail company and provider of logistics and services to the
pharmaceutical and healthcare sectors, announced…

McKesson Corporation [NYSE: MCK] and Celesio AG, a leading international wholesale and
retail company and provider of logistics and services to the
pharmaceutical and healthcare sectors, announced today that McKesson has
signed an agreement to acquire a majority stake in Celesio for €23 per
share and to launch parallel voluntary public tender offers for the
remaining publicly-traded shares and outstanding convertible bonds of
Celesio. The offer price of €23 per share represents a 39% premium over
the three-month volume weighted average price prior to the market
speculation that began on October 8, 2013. The total transaction,
including the assumption of Celesio's outstanding debt, is valued

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Posted-In: Earnings News Guidance Dividends Financing Offerings Contracts Management

 

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