Published On: Tue, May 19th, 2015

$8B drug deal is big winner for Bonderman


David Bonderman

Endo International announced on Monday that it was buying Par Pharmaceutical from Bonderman’s TPG Capital for $8.1 billion.

The deal gives TPG and co-investors a profit of $6 billion — after paying off $2.3 billion of debt — giving it a return of better than seven-fold on a roughly $850 million investment just three years ago…

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By Josh Kosman

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