McKesson to purchase Celesio for $8.3B McKesson and Celesio AG announced today that McKesson has signed an agreement to acquire a majority stake in Celesio for EUR 23 per share and to launch parallel voluntary public tender offers for the remaining publicly-traded shares and outstanding convertible bonds of Celesio. The offer price of EUR 23 per share represents a 39% premium over the three-month volume weighted average price prior to the market speculation that began on October 8. The total transaction, including the assumption of Celesioís outstanding debt, is valued at approximately $8.3B. Under the terms of a share purchase agreement between McKesson and Franz Haniel & Cie. GmbH, the majority shareholder in Celesio, McKesson has agreed to acquire Hanielís stake in Celesio, currently representing 50.01% of the total outstanding shares of the company. The share purchase agreement has been approved by McKessonís board and Hanielís supervisory board.
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