Dechert Advises Quest Diagnostics in Sale of Ownership Interest in Q2 Solutions
Dechert is advising Quest Diagnostics in the sale of its ownership interest in Q2 Solutions, a global leader in central laboratory services to support clinical trials of new pharmaceuticals, to IQVIA for $760 million in an all cash transaction. The deal was announced April 1, 2021. IQVIA previously owned a 60 percent majority share and Quest Diagnostics owned a 40 percent minority share.
The Dechert team includes corporate partners Michael Darby, Christopher Field, Douglas Getter and Ken Young, counsel James Stonehill, and associates Erin O’Gurek and Paul Bennett; tax partners Edward Lemanowicz and Daniel Hawthorne, and associates George Davis and Kalina Hannsz; antitrust partner James Fishkin, counsel Beverly Ang and Michael Okkonen, and associate Delphine Strohl; cybersecurity partner Karen Neuman, and associates Madeleine White and Michael Tierney; employee benefits partner Eric Rubin; labor counsel Ian Downes; regulatory partner Susan Hendrickson; real estate special counsel Francois Quintard-Morenas; and assisted by trainee solicitor Fahwad Khan.
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