Private equity firm Clayton, Dubilier & Rice completed the acquisition of Huntsworth, a healthcare communications and public relations group, for $670m. The offer represented a premium of approximately 50% to the closing price per Huntsworth Share on March 2, 2020. "Huntsworth has transformed over the past few years into a growing and dynamic healthcare and communications group. Our strategic focus has always been on investing to develop a full service, digitally-driven offering to support our customers. Whilst we believe that Huntsworth is strongly positioned as an independent listed company, the all-cash offer from CD&R represents a compelling opportunity for shareholders to realize an attractive cash value in respect of their shares. In addition, the Board believes CD&R will be an excellent partner for Huntsworth, its employees and customers," David Lowden, Huntsworth Chairman.