Edition:
India

Diplomat to acquire LDI Integrated Pharmacy Services


Thursday, 16 Nov 2017 

Nov 15 (Reuters) - Diplomat Pharmacy Inc :Diplomat to acquire LDI Integrated Pharmacy Services.Diplomat to acquire LDI Integrated Pharmacy Services.Diplomat Pharmacy Inc - ‍will pay LDI $515 million cash and approximately $80 million in diplomat common stock​.Diplomat Pharmacy Inc - ‍LDI is expected to generate approximately $388 million in revenue and $41 million in adjusted EBITDA in 2017​.Diplomat Pharmacy Inc - ‍cash portion of acquisition is expected to be funded by diplomat's new $795 million senior secured credit facility​.