- cafead Aug 05, 2024 at 11:12: PM
via Drugmaker Mallinckrodt said on Monday it will sell its Therakos business to CVC Capital Partners (CVC.AS) for $925 million.
Dublin-based Mallinckrodt, which bought the business in 2015 for $1.33 billion, said it will use the proceeds from the deal with CVC to reduce its debt by more than 50%.
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Dublin-based Mallinckrodt, which bought the business in 2015 for $1.33 billion, said it will use the proceeds from the deal with CVC to reduce its debt by more than 50%.
article source