© 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
Best In-House Global Tax Adviser – Singapore
Finance
08/06/2016Best In-House Global Tax Adviser – Singapore

NOL is the largest container shipping company listed on the Singapore Exchange (SGX). With more than 7,000 employees and offices located in over 40 countries, the Group delivers quality services through its core business, APL.

Read Full PostRead - Eye Icon
Underwood & Co Advises Puma Investments’ investment in Abbey Healthcare
Finance
06/08/2015Underwood & Co Advises Puma Investments’ investment in Abbey Healthcare

Underwood & Co Advises Puma Investments' investment in Abbey Healthcare

Read Full PostRead - Eye Icon
Merrill Datasite Provide Online Due Diligence Platform for Industrie De Nora / Severn Trent Share Sa
Finance
10/06/2015Merrill Datasite Provide Online Due Diligence Platform for Industrie De Nora / Severn Trent Share Sa

Merrill Datasite Provide Online Due Diligence Platform for Industrie De Nora / Severn Trent Share Sale

Read Full PostRead - Eye Icon
Large Sum Buys and Payments Abroad: How to Reduce Associated Fees
Finance
25/04/2022Large Sum Buys and Payments Abroad: How to Reduce Associated Fees

Buying an expensive item abroad may not sound like a logical go-to in the wake – or the midst, depending on your position – of a global pandemic. Supply chains have been chewed up, with worker and truck driver shortages, along with a microprocessor

Read Full PostRead - Eye Icon
6 Benefits of Outsourcing Managed IT Services
Strategy
02/03/20226 Benefits of Outsourcing Managed IT Services

Outsourcing may be one of the strategies to be considered by businesses to remain focused on the services and products they provide while keeping expenses down.

Read Full PostRead - Eye Icon
Intelligent Information Management
Innovation
21/07/2022Intelligent Information Management

M-Files provides a modern approach to information management that enables a smarter way to work. It connects people with the content that they need, when they need it, regardless of where it is stored, to increase the productivity of knowledge workers, ensure

Read Full PostRead - Eye Icon
The Role of Microfinance in Uganda
Finance
26/02/2016The Role of Microfinance in Uganda

Five Talents Uganda Ltd is a Christian microenterprise development Institution that gives financial and non- financial services to the active poor people in Uganda. It offers small loans and trains people in business and financial management skills to empower

Read Full PostRead - Eye Icon
How to Prepare Your Business for Expansion: A Quick Guide
News
03/02/2023How to Prepare Your Business for Expansion: A Quick Guide

There’s no doubt that starting a new business can be very rewarding, but there are also challenges that come with it. Making sure that your business is thriving and taking the next steps will be vital to your success.

Read Full PostRead - Eye Icon
The Top 5 Trends in Glass Packaging for Skincare: A Sustainable Future
News
02/01/2025The Top 5 Trends in Glass Packaging for Skincare: A Sustainable Future

The skincare industry is undergoing a transformation, driven by a growing awareness of sustainability and eco-friendliness. One of the most notable changes is the shift towards glass packaging. In this article, we discuss the top five trends in glass packaging



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