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AmerisourceBergen acquires PharMEDium Healthcare for $2.5B

Oct 06, 2015 - The Deal Pipeline
Mergers and Acquisitions

AmerisourceBergen Corp. (ABC) announced on Tuesday that it would purchase Clayton, Dubilier & Rice-backed PharMEDium Healthcare Holdings Inc. for $2.56 billion in cash.

The deal to purchase the provider of outsourced sterile preparations provider is expected to add $0.22 to $0.26 to the company's earnings per share in 2016, and generate 30 million in synergies by 2018.

Shares of Chesterbrook, Pa.-based AmerisourceBergen traded down to $93.81 on Tuesday morning from their close on Mon...