Clayton, Dubilier & Rice (CD&R) has appointed former Bristol-Myers Squibb chief executive Giovanni Caforio as an operating adviser, strengthening the private equity firm’s healthcare expertise as it looks to identify new investment opportunities in Europe, according to a report by Bloomberg.
Caforio, who is chairman of Swiss pharmaceutical company Novartis, will work with CD&R’s investment team to source and assess healthcare opportunities and support companies already in the firm’s...
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