Davis Polk is advising McKesson Corporation on its acquisition of Medical Specialties Distributors, LLC from New Mountain Capital. The transaction is valued at $800 million, and is subject to customary closing conditions, including necessary regulatory clearances.

McKesson is a global leader in healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information technology. MSD is a distributor of infusion and medical-surgical supplies as well as biomedical services to alternate site and home health providers.

The Davis Polk corporate team includes partner Alan F. Denenberg, counsel Jason Bassetti and associates Andrew Basham and Tierney O’Rourke. The tax team includes partner Neil Barr and associates Patrick E. Sigmon and Catherine L. Chu. Counsel Michele Ontiveros Gross and associate Jason J. Bang are providing intellectual property and technology advice. Partner Veronica M. Wissel and associate Timothy John Durbin are providing executive compensation advice. Members of the Davis Polk team are based in the Northern California and New York offices.

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