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Warner Chilcott, PLC (WCRX) Announces Pricing of Secondary Equity Offering


9/6/2012 9:33:37 AM

DUBLIN, Ireland, Sept. 6, 2012 (GLOBE NEWSWIRE) -- Warner Chilcott plc (Nasdaq:WCRX) announced today the pricing of an underwritten public secondary offering of 42,864,843 of its ordinary shares by certain selling shareholders. The selling shareholders include funds affiliated with Bain Capital Partners, J.P. Morgan Partners (advised by CCMP Capital) and Thomas H. Lee Partners, L.P., and members of the Company's senior management. The offering is being conducted as a public offering pursuant to an effective shelf registration statement under the Securities Act of 1933. The Company will not receive any proceeds from the sale of the shares. The closing of the offering is expected to occur on September 11, 2012. Subsequent to the offering, funds affiliated with Bain Capital Partners, J.P. Morgan Partners (advised by CCMP Capital) and Thomas H. Lee Partners, L.P. will together own approximately 14% of the Company's ordinary shares.

Read at GlobeNewswire


   

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