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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Udg Healthcare Public Limited Company | LSE:UDG | London | Ordinary Share | IE0033024807 | ORD EUR0.05 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1,079.00 | 1,078.00 | 1,079.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
By Tapan Panchal
LONDON--UDG Healthcare PLC (UDG.LN) said Friday that it has agreed to sell two units to McKesson Corp. (MCK) for 407.5 million euros ($461.28 million).
The healthcare services provider has sold United Drug Supply Chain Services and the Medical Advisory Service for Travellers Abroad businesses to focus on its higher-growth international healthcare services businesses.
The proceeds from the disposals will be invested in higher-growth areas as well as to repay debt.
UDG Healthcare also said Chief Executive Liam FitzGerald is to retire in March. It has nominated Chief Operating Officer Brendan McAtamney to succeed Mr. FitzGerald.
Shares at 0844 GMT 5.1% higher at 518 pence.
Write to Tapan Panchal at tapan.panchal@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 18, 2015 05:23 ET (09:23 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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