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BRIEF-CVC To Acquire Mallinckrodt's Therakos Business for $925 Mln
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BRIEF-CVC To Acquire Mallinckrodt's Therakos Business for $925 Mln
Aug 5, 2024 4:55 AM

Aug 5 (Reuters) - CVC Capital Partners PLC:

* MALLINCKRODT REACHES AGREEMENT TO SELL THERAKOS BUSINESS

TO CVC

* PURCHASE PRICE OF $925 MILLION, SUBJECT TO CUSTOMARY

ADJUSTMENTS

* UNDER TERMS OF AGREEMENT, KEY EMPLOYEES WHO WORK ON

THERAKOS

WILL TRANSITION WITH BUSINESS AND CONTINUE SUPPORTING PRODUCT

AND ITS STAKEHOLDERS

* TRANSACTION EXPECTED TO CLOSE IN Q4 2024

Source text tinyurl.com/yc2v9evu

Further company coverage:

(Gdansk Newsroom)

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