DCC to sell its healthcare division for £1.05 billion

DCC agrees £1.1bn deal to sell healthcare arm

DCC Healthcare has more than 3,000 employees worldwide, with 11 manufacturing sites and distribution and commercial centres.

DCC to sell healthcare unit for €1.22bn

Dublin-based group moved in November to abandon its conglomerate roots to focus on energy

DCC to sell its healthcare division for £1.05 billion

Business support services company DCC said today it will sell its healthcare division to HealthCo Investment Ltd for a total enterprise value of £1.05 billion.

DCC agrees €1.2m deal to sell healthcare division

Irish-based DCC plc has agreed to sell its healthcare division to HealthCo Investment Ltd in a deal that values the business at £1.05bn (€1.22bn) on a cash-free, debt-free basis. HealthCo is an independent managed investment subsidiary of funds managed and/or advised by Investindustrial Advisors Ltd. The deal is part of the group's strategy to streamline its operations and focus on its energy business to maximise shareholder value. DCC anticipat…

FTSE 100 firm to offload healthcare division for £1.1bn

DCC has agreed to sell its healthcare division to a subsidiary of Investindustrial Advisors Limited for £1.1bn, as the FTSE 100-listed company continues to focus on its energy business

Deal Roundup: Investindustrial agrees £1.05bn DCC Healthcare buyout, MidOcean picks up GSTV from Rockbridge

Investindustrial has agreed to buy the healthcare arm of DCC at a £1.05bn enterprise value. The post Deal Roundup: Investindustrial agrees £1.05bn DCC Healthcare buyout, MidOcean picks up GSTV from Rockbridge appeared first on AltAssets Private Equity News.