Breaking News

JLL Bids To Take Patheon Private

JLL Patheon Holdings, LLC, an affiliate of JLL Partners, has offered $2.00 in cash per Restricted Voting Share for all outstanding shares of Patheon that it does not already own.

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

JLL Patheon Holdings, LLC, an affiliate of JLL Partners, has offered $2.00 in cash per Restricted Voting Share for all outstanding shares of Patheon that it does not already own. The offer is scheduled to expire on April 16, 2009, unless the offer is extended or withdrawn by JLL. If successful, the offer will make Patheon a privately-held company. Last month, JLL made a tender offer to take PharmaNet private. The closing price of the Restricted Voting Shares on the Toronto Stock Exchange (TSX...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters