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Booster shot

12 May 2021 By Aimee Donnellan

Clayton, Dubilier & Rice is buying UDG Healthcare for $3.7 bln. It’s a way to profit from Big Pharma’s need to cut costs and outsource drug development. But a post-crisis share bounce means the price isn’t cheap, and high returns aren’t assured. Some savvy dealmaking may help.

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