© 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
Global AI and Automation Excellence from India’s Finest Software Company
Innovation
08/01/2025Global AI and Automation Excellence from India’s Finest Software Company

HCLSoftware, an innovative global company, offers a business-focused automation solution that empowers enterprises with advanced, intelligent automation technology.

Read Full PostRead - Eye Icon
Cybersecurity A Growing Risk As Companies Rely On Technology To Overcome Increasing Regulatory Requirements
Finance
21/02/2019Cybersecurity A Growing Risk As Companies Rely On Technology To Overcome Increasing Regulatory Requirements

With regulations across a wide variety of industries on the rise, companies are increasingly focusing on technology to help bear the strain. However, this comes at a cost, with cybersecurity now a growing threat, as Acquisition International explores. As incre

Read Full PostRead - Eye Icon
Most Dedicated Audio Technology CEO 2023 (Barcelona): Mercè Delgado
Innovation
10/07/2023Most Dedicated Audio Technology CEO 2023 (Barcelona): Mercè Delgado

In recent years, the technological industry has seen notable changes when it comes to women’s representation and opportunities. While women continue to be underrepresented in certain leadership and technical roles, there is no denying the growing recognition

Read Full PostRead - Eye Icon
How This Business Uses AI to Understand Its Customer Base
Innovation
07/11/2023How This Business Uses AI to Understand Its Customer Base

According to Forbes, more than nine in ten (97%) business owners believe ChatGPT will help their business.

Read Full PostRead - Eye Icon
How Asset Managers Can Use Advisor Data to Improve Distribution Strategy
Finance
23/07/2026How Asset Managers Can Use Advisor Data to Improve Distribution Strategy

Asset management distribution has become harder to scale through broad wholesaling alone. Financial advisors receive constant outreach from fund companies, ETF issuers, alternative managers, model providers, fintech firms, and service vendors. A generic contac

Read Full PostRead - Eye Icon
Home Away From Home
Innovation
02/03/2021Home Away From Home

Ghana is rapidly growing into a major country on the international stage. with the region's expansion unquestionable, the importance of its capital city continues to increase. Accra has much to commend it, including the delightful @Home Boutique Hostel & S

Read Full PostRead - Eye Icon
The Growing Case for Outsourced Facilities Management in UK Business
Strategy
21/04/2026The Growing Case for Outsourced Facilities Management in UK Business

The way UK businesses manage their built environment is under scrutiny. Rising operational costs, increasing compliance obligations and the demand for greater flexibility are pushing facilities management up the strategic agenda. For a growing number of organi

Read Full PostRead - Eye Icon
Why Poor AI Transformation Could Be an Expensive Mistake for Your Business
News
28/01/2026Why Poor AI Transformation Could Be an Expensive Mistake for Your Business

Artificial intelligence (AI) holds masses of potential for business optimisation. It can support efficiency and productivity across the board.

Read Full PostRead - Eye Icon
Securing a Changing Digital World
M&A
22/10/2021Securing a Changing Digital World

In such a dynamic and changeable world as cybersecurity and cyberthreat, it takes a company that is able to adapt in an efficient and sophisticated manner in order to keep up. Resecurity is a company expert at doing this, working on keeping itself competitive



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