Pamplona Capital to Buy MedAssets in $2.7B Cash Deal

November 2, 2015 1:57 PM

37 0

Private equity fund manager Pamplona Capital Management plans to buy MedAssets in a cash deal valued at about $2.7 billion.

The companies say Pamplona will pay $31.35 for each MedAssets share, an offer that represents a 32 percent premium to the $23.68 closing price on Friday of MedAssets shares.

Also read: 'Bitcoin cash' surges 40% in single day as investors bet on its faster processing speeds

Read more

To category page