McKesson rumoured to be eyeing up Celesio; New CFO - People Gallery
James Beer has been named executive vice president and chief financial officer of McKesson Corporation.
Earlier this week shares in healthcare services and information technology company McKesson jumped 7% on rumours the firm was in advanced talks to acquire German logistics firm Celesio.
Spokesperson Karly Topkis told Outsourcing-Pharma.com the company “does not comment on market rumors or speculation,” but Ross Muken Senior Managing Director at market analyst firm ISI Group said in his notes the deal - which is thought to be worth more than $5bn (€3.7bn) - is a typical potential transaction for the firm.
“McKesson has worked to expand internationally over the last few years, first through a pursuit of the Phoenix Group and now with the potential acquisition of Celesio,” he said.
If the deal goes ahead, it will be the second multi-billion acquisition following the $2.1bn shelled out for for PSS World Medical in February.
And the man who may be kept very busy if these speculations are true will be Beer who joins the firm from Symantec Corporation.
“His extensive experience as the CFO for leading, publicly traded companies across several industries provides him with the ideal background and perspective to help guide McKesson's continued success,” said CEO John Hammergren.
