AmerisourceBergen won the auction for Germany-based PharmaLex, announcing its $1.29 billion all-cash acquisition of the pharma services company from AUCTUS Capital Partners earlier this week, Sarah writes.
Why it matters: The deal is further evidence that cash-rich strategics are well-positioned as buyers for big-ticket health care assets in today's volatile financing environment. (The credit markets are even tighter in Europe.)