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UDG Healthcare Completes United Drug Supply, MASTA Unit Sales

1st Apr 2016 06:37

LONDON (Alliance News) - UDG Healthcare PLC on Friday said it has completed the sale of its United Drug Supply Chain and MASTA businesses.

The FTSE 250-listed group said in September it had entered into an agreement to sell the two units, which are based in Ireland, for EUR407.5 million to McKesson Corp, the US drug distribution company.

Completion of the deal comes after UDG secured European Commission approval for the sale earlier in March.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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