Freshfields Guides Advent In Proposed $1B Mediq Buy

Law360, New York (September 24, 2012, 1:11 PM EDT) -- Advent International Corp. will make a €775 million ($1 billion) buyout bid for Dutch pharmacy chain Mediq NV, the pair said Monday, as the Boston private equity firm looks to crack deeper into a booming global health care industry.

The proposed take-private offer, valuing each Mediq unit at €13.25, represents a 53 percent premium over the Utrecht-based chain's Friday close. Mediq's management and supervisory boards have signed off on the deal. So did Templeton Investment Counsel and Silchester International Investors, who together are the holders of...
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