© 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 Corporate Social Responsibility (CSR) Matters for Small Businesses and Enterprise
Corporate Social Responsibility
17/03/2023Why Corporate Social Responsibility (CSR) Matters for Small Businesses and Enterprise

Corporate Social Responsibility (CSR) has become a hot topic in recent years, and more businesses recognising just how important creating a positive impact on society and the environment is for them.

Read Full PostRead - Eye Icon
The Power of Now: Unleashing Success through Direct Response Marketing
News
06/08/2024The Power of Now: Unleashing Success through Direct Response Marketing

When instant gratification became the order of the day, direct response marketing emerged as one of the most heavy-duty strategies businesses can adopt. It entails immediate action on the consumers’ part and thus has the possibility of enhanced engagemen

Read Full PostRead - Eye Icon
Bruno Maisonnier sells stake in Aldebaran Robotics
Innovation
01/04/2015Bruno Maisonnier sells stake in Aldebaran Robotics

SoftBank increases its interest in Aldebaran to 95%

Read Full PostRead - Eye Icon
AI To the Rescue: First Aid for Busy Contact Centres in Local Government
Innovation
24/08/2020AI To the Rescue: First Aid for Busy Contact Centres in Local Government

Can Artificial Intelligence (AI) really deflect calls away from the contact centre? This is the question many local government organisations are asking as they strive to serve the community at reduced cost.

Read Full PostRead - Eye Icon
Thinking Outside the Box
Leadership
13/08/2019Thinking Outside the Box

Rosenbaum IP is an outcome oriented intellectual property firm, specializing in IP portfolio asset value building. We caught up with AI’s Leading Complex Intellectual Property Attorney of the Year, Illinois and Rosenbaum IP’s Chairman & CEO, David G. Rosen

Read Full PostRead - Eye Icon
Emerging Human-Centric Sectors: Why Mental Health and Counseling Skills Are Becoming Business Essentials
News
22/07/2025Emerging Human-Centric Sectors: Why Mental Health and Counseling Skills Are Becoming Business Essentials

In a time when strategy and innovation rule boardroom discussions, a more subdued change is occurring in all sectors: a move toward goals that are more focused on people. Businesses no longer only concentrate on technology, data, and infrastructure. They are i

Read Full PostRead - Eye Icon
How Different Technologies Work Together to Help Developers Deliver Commercial Real Estate Projects On Time and On Budget
M&A
24/10/2022How Different Technologies Work Together to Help Developers Deliver Commercial Real Estate Projects On Time and On Budget

According to statistics by J.P. Morgan and Real Capital Analytics, the commercial real estate market is booming, multifamily vacancies are at a record low of 4.7%, and sales of commercial properties recorded a 56% year-over-year growth in Q1 2022.

Read Full PostRead - Eye Icon
HOSTMAKER launches Bangkok branch
Finance
13/08/2018HOSTMAKER launches Bangkok branch

HOSTMAKER, the leading home rental management company in Europe, has today announced its launch into the Asian market, expanding into Bangkok, the world's most visited city.

Read Full PostRead - Eye Icon
Global Means Business
Innovation
08/02/2019Global Means Business

Sintetica is a Swiss pharmaceutical company delivering innovative injectable anaesthetics and analgesics to patients worldwide through innovative science and excellence in development, production and marketing. Taking time out of his busy schedule is Global Ma



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