AURELIUS to acquire the UK business of McKesson for £477m.

AURELIUS, an asset management group with offices in five European countries, agreed to acquire the UK business of McKesson, a US healthcare company, for £477m ($653m). "We see significant potential in all four segments of McKesson UK to grow and enhance the business along with delivering further benefits to customers through additional investments – for example in digitalisation measures and other initiatives to further increase the quality and reliability of service for the patients and communities that McKesson UK serves. The transaction with McKesson reaffirms that AURELIUS is well-positioned and well-regarded in the European mid-market as a pan-European asset manager offering sustainable value creation for its stakeholders," Tristan Nagler, AURELIUS Partner.