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BUZZ-UDG Healthcare: jumps on asset sale

Reuters - UK Focus

** UDG Healthcare (LSE: UDG.L - news) rises c.8 pct, one of the top gainers on the FTSE 250 index in decent volume after announcing sale of pharma distribution unit

** Dublin-based firm to sell United Drug Supply Chain business and MASTA business to McKesson, for 408 mln euros

** Co told Reuters in May that it was seeking acquisitions to expand its contract outsourcing and healthcare communications business

** Shares (Berlin: DI6.BE - news) in UDG, which has a market value of about 1.2 bln stg, have gained more than 37 pct YTD (RM (LSE: RM.L - news) : aastha.agnihotri.thomsonreuters.com@reuters.net)