Freshfields Bruckhaus Deringer (‘Freshfields’)  is advising UDG Healthcare plc (“UDG”) on the recommended cash offer by Clayton, Dubilier & Rice (“CD&R”), the U.S. based private investment firm.

 

UDG is a global leader in healthcare advisory, communications, commercial, clinical and packaging services. It is organised and managed across two divisions, Ashfield and Sharp, and employs c.9,000 people in 29 countries. The offer values the entire share capital of UDG at approximately £2,611m.

 

The acquisition is conditional on the receipt of antitrust, shareholder and court approvals, and is expected to close in the third quarter of 2021.

 

The Freshfields team is being led by global transactions partner Julian Pritchard, supported by senior associate Tamara Young. Partners Alastair Chapman and Holly Insley led on antitrust and employment matters respectively. A&L Goodbody LLP is advising UDG on Irish law matters.

 

Freshfields Bruckhaus Deringer LLP is a global law firm with a long track record of successfully advising the world's leading national and multinational corporations and financial institutions on ground-breaking and business-critical challenges. Our team of more than 2,800 lawyers and other legal professionals delivers global results from our 28 offices worldwide. Our commitment, local and multinational expertise and business know-how means our clients can rely on us when it matters most.