5 November, 2009
TPG, Canada Pension near $4 bln IMS buyout -source
NEW YORK, Nov 5 (Reuters) - TPG [TPG.UL] and the Canada Pension Plan are close to a deal to buy IMS Health Inc (RX.N), which provides data on prescription drug sales, for more than $4 billion, a source familiar with the matter said on Thursday.
A deal could be announced as early as Thursday, the source said, but added that the situation was still fluid and an agreement had not been finalized.
IMS, TPG and Canada Pension could not immediately be reached for comment. The source declined to be identified because the talks are not public. (Reporting by Megan Davies, editing by Gerald E. McCormick) (For more M&A news and our DealZone blog, go to www.reuters.com/deals)
Source: http://www.reuters.com
TPG, Canada Pension near $4 bln IMS buyout -source Added: (05.11.2009)
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