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| Acquiring Party | The Blackstone Group, a prominent private equity firm. |
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| Transferring Party | The drug manufacturing business of Cardinal Health Inc., a leading provider of products and services supporting the health-care industry. |
| Sector | Biopharmaceuticals |
| Date | April 11, 2007 |
| Analysis The strong market position of Cardinal's Pharmaceutical Technologies and Services unit in contract manufacturing, drug development, and packaging and printing services provides a new platform for Blackstone's growing presence within healthcare. Deal value -- $3.3b, on sales of $1.8b (1.8x). Operating earnings were - $304.7m (10.8x). | |
The Walden Group is a leading healthcare investment banking firm specializing in mergers, acquisitions and strategic transactions. It also invests its own funds and, together with its expert operational partners, provides value-added services to help special companies reach critical milestones. This information is copyright © 2004-2007 The Walden Group, Inc. This information is provided as a service to the public but remains the intellectual property of The Walden Group, Inc and may not be reproduced in any manner without the written permission of The Walden Group, Inc. The information contained in the transactions table was derived from publicly available and other sources. Transaction analysis and other information are based, in part, upon public comments, Walden Group research and judgments, and reporting and research of others. The information is not intended to be relied upon as pronouncements by the transaction participants or for any other reason. | |