News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Jefferies continues to reap rewards of healthcare hires

A year to the month since it hired nearly all of UBS' healthcare team, the US bank has landed another big advisory mandate in the sector

The decision by Jefferies to hire almost all of UBS' healthcare bankers a year ago this month has continued to pay off - the US investment bank has landed a role as a joint adviser and finance provider on a $3.8bn (€3.1bn) acquisition in the sector.

Yesterday Valeant Pharmaceuticals International, a US drugs company, said in a statement it had agreed to merge with Canadian rival Biovail to form a new group called Valeant Pharmaceuticals International.

WSJ Logo