McKesson Separates IT section in Venture with Blackstone

McKesson Separates IT section in Venture with Blackstone

Health-care giant McKesson Corp. on Tuesday said it plans to form a health-care information-technology joint venture that it expects to take public later in an initial public offering.

The planned company will combine most of McKesson’s technology segment with the bulk of Change Healthcare Holdings Inc., which is majority owned by Blackstone Group LP.

McKesson would own 70% of the new company, with the rest owned by Change Healthcare’s shareholders, including Blackstone and Hellman & Friedman LLC.

 

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