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Article: Cardinal Health Completes Sale of Pharmaceutical Technologies and Services Segment to The Blackstone Group.
- Article from:
- PR Newswire
- Article date:
- April 10, 2007
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DUBLIN, Ohio, April 10 /PRNewswire-FirstCall/ -- Cardinal Health, a global provider of products and services that improve the safety and productivity of health care, today announced it has completed the sale of its Pharmaceutical Technologies and Services (PTS) segment to The Blackstone Group for approximately $3.3 billion.
Cardinal Health announced on Nov. 30, 2006 that it planned to divest PTS to focus resources on its four remaining segments serving health-care provider customers, and on Jan. 25, 2007 Cardinal Health announced the agreement with Blackstone.
PTS is a leading provider of advanced technologies and outsourced services for the ...