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Plasma Resources UK, Bain Capital deal

July 29, 2013 7:00 AM UTC

Bain Capital bought 80% of Plasma Resources from the U.K.'s Department of Health for an upfront cash payment of £90 million ($137.3 million) and a payment in five years expected to be worth £110 million ($167.8 million). The transaction values Plasma Resources at about £230 million ($350.9 million). Bain also committed to invest a further £50 million ($76.3 million) in Plasma Resources UK to create a "U.K. life sciences champion." DoH will retain a 20% share in the company. ...