UDG Healthcare's largest shareholder said on Monday it plans to back CD&R's offer for the British company if the private equity firm raised its bid to 2.72 billion pounds.

June 29 (Reuters) - UDG Healthcare UDG.L said on Tuesday private equity firm Clayton, Dubilier & Rice (CD&R) has raised its offer to buy the London-listed firm to 2.76 billion pounds ($3.83 billion).