© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - CVS to buy Omnicare for $12.7 Billion
Posted 22nd May 2015

CVS to buy Omnicare for $12.7 Billion

Deal to boost pharmacy chain’s services for the growing elderly population.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

CVS to buy Omnicare for $12.7 Billion
Image

CVS to buy Omnicare for $12.7 Billion

The U.S. based CVS Health Corp. has agreed to purchase elderly health provider Omnicare Inc. within a deal valued at $12.7 Billion. The will enable CVS to boost it’s pharmacy chains services to cater for the growing elderly patient population in the U.S. 

The offer is for $98 per share and is a 3.6% premium to Omniare’s closing price OCR which was +1.72% on Wednesday. the value of the deal include $2.3 billion of debt. 

CVS said the deal will significantly boost its ability to dispense prescriptions in assisted-living and long-term care facilities, whilst expecting the deal will add 20 cents to its adjusted per-share earnings next year and become increasingly accretive after that. CVS also said it expects to see revenue synergies.

Categories: M&A


You Might Also Like
Read Full PostRead - Eye Icon
Why Cash Visibility Is the Missing Link in Post-Acquisition Value Creation
M&A
16/07/2025Why Cash Visibility Is the Missing Link in Post-Acquisition Value Creation

When private equity firms complete an acquisition, their focus shifts sharply from deal-making to value creation. While growth targets, operational efficiencies, and strategic realignments dominate integration plans, one foundational element often determines s

Read Full PostRead - Eye Icon
Freetech Wins Bid
M&A
17/10/2016Freetech Wins Bid

A leading asphalt pavement maintenance integrated solution provider, announced that the Group's major subsidiary won a bid on bulk equipment procurement project with Hainan Province Highway Department and will provide 13 sets of asphalt pavement multi-purpFree

Read Full PostRead - Eye Icon
Nationwide Ranked as a Five-Star Business in Latest Corporate Responsibility Index
Finance
21/04/2015Nationwide Ranked as a Five-Star Business in Latest Corporate Responsibility Index

Nationwide has been awarded Business in the Community's highest five-star ranking in its annual benchmark of responsible business – the Corporate Responsibility Index (CR Index).

Read Full PostRead - Eye Icon
How Industrial Couriers Play a Vital Role in the Supply Chain
Innovation
19/08/2022How Industrial Couriers Play a Vital Role in the Supply Chain

When most people think of couriers, we imagine the people handling last-mile delivery for a wide range of consumer products. However, there’s also major demand for couriers in a commercial context, and that’s where specialist providers come into the pictur

Read Full PostRead - Eye Icon
UK Automotive Strengthens Korean Business Links
Strategy
29/04/2015UK Automotive Strengthens Korean Business Links

Wednesday 29 April 2015 The Society of Motor Manufacturers and Traders (SMMT) will this month lead a delegation of specialist UK automotive companies in a trade visit to Seoul, as the industry seeks to strengthen business links and partnerships with Korean com

Read Full PostRead - Eye Icon
Avoid Making These Common Small Business Mistakes
Corporate Social Responsibility
17/05/2023Avoid Making These Common Small Business Mistakes

All business owners make mistakes, whether they’re new business owners or seasoned professionals in charge of multi-million-dollar corporations. While everyone is capable of making mistakes, that doesn’t mean you can’t avoid certain ones by being well-in

Read Full PostRead - Eye Icon
No Stopping for  Lithuania’s Fastest Growing Bank
Finance
14/02/2017No Stopping for Lithuania’s Fastest Growing Bank

Acquisition Intl. magazine has named Šiaulių Bankas 2016 Bank of the Year - Lithuania, and figures for last year show the bank had its best performance yet.

Read Full PostRead - Eye Icon
Executive Education: The Secret to Staying Ahead in Leadership
Leadership
04/09/2025Executive Education: The Secret to Staying Ahead in Leadership

Becoming a top leader in the corporate world does not guarantee continued success. There are always new leaders coming up and competition never gets easier. So, the key to maintaining your success and getting better is executive education. If you are thinking

Read Full PostRead - Eye Icon
5 Ways In Which mLearning Enhances Employee Engagement
Innovation
29/09/20225 Ways In Which mLearning Enhances Employee Engagement

There is no doubt that mobile phones have deeply entwined into our daily lives. They fulfill a wide variety of needs, from allowing us to consume quality training sessions to the ability to capture special moments or ordering our favorite dessert.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow