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PharMEDium sale a big deal for Oak

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Source: Pharmacy compounding company valued at $900 million.

FORTUNE -- Private equity firm Clayton Dubilier & Rice today said that it has completed its previously-announced acquisition of a majority stake in PharMEDium from Oak Investment Partners and Baird Capital.

No financial terms were disclosed, but Fortune has learned that the deal was done at around a $900 million enterprise valuation.

For Oak this represents around a 6x return on its 2007 investment, when MORE


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