In Brief: NBTY
This article was originally published in The Tan Sheet
Executive Summary
NBTY: Completes acquisition of Holland & Barrett, Britain's largest retailer of dietary supplements with 410 stores, for approximately $168.8 mil. NBTY currently operates two Vitamin World outlets in the U.K. The acquisition is part of the Bohemia, N.Y.-based company's ongoing efforts to broaden its retail business domestically and internationally, NBTY notes. The transaction was financed by long-term debt from Chase Manhattan Bank; Chase Securities acted as NBTY's financial advisor ("The Tan Sheet" Aug. 4, In Brief)...
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