© 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
Does Your Business Need a Criminal Lawyer? 4 Ways Criminal Lawyers Work With the Corporate World
Leadership
04/11/2022Does Your Business Need a Criminal Lawyer? 4 Ways Criminal Lawyers Work With the Corporate World

If you run a business, you might assume that your legal requirements will be met by a corporate lawyer, with this type of expert helping to oversee things like contracts, employee disputes, compliance and so forth.

Read Full PostRead - Eye Icon
5 Ways to Help Better Understand the Collection of Personal Data on Your Website
Legal
16/09/20215 Ways to Help Better Understand the Collection of Personal Data on Your Website

Your website is the main hub for all the data you collect as a business. It’s where a lot of customers and potential leads will likely come to when interacting with your company. With that being said, it’s a great source of information that can help provid

Read Full PostRead - Eye Icon
Do Businesses Need to Adapt to the TikTok Age?
News
02/08/2022Do Businesses Need to Adapt to the TikTok Age?

Since Facebook took the world by storm in the 2010s, businesses have had to adapt their marketing strategies to align themselves with the social media craze. Those that have failed to do this have missed a prime opportunity to reach new customers and are at ri

Read Full PostRead - Eye Icon
To Infinity and Beyond with Infinity Group Australia
Finance
08/10/2025To Infinity and Beyond with Infinity Group Australia

For millions of Australians, financial security seems further away than ever. As banks across the country post record profits, all whilst being seemingly unaware of the financial situations of everyday people, their attitudes remain poor and their lack of pers

Read Full PostRead - Eye Icon
Brompton CEO William Butler-Adams: ‘You Need to Recruit People Better Than You’
News
26/08/2026Brompton CEO William Butler-Adams: ‘You Need to Recruit People Better Than You’

In this exclusive interview with the Inspirational Leadership Speakers Agency, William explains why humility matters in leadership, why box-ticking courses fail to develop people and how manufacturers can find the right mix of AI, robotics and skilled human wo

Read Full PostRead - Eye Icon
Retention and Productivity Top Advantages of Health and Wellbeing for Companies With Overseas Staff
News
21/01/2026Retention and Productivity Top Advantages of Health and Wellbeing for Companies With Overseas Staff

Companies with overseas employees put staff retention and the boost to productivity at the top of the list of advantages in offering health and wellbeing support, according to research from the employee benefits team at Everywhen.

Read Full PostRead - Eye Icon
A Long and Strong Presence
Innovation
11/09/2017A Long and Strong Presence

A Long and Strong Presence

Read Full PostRead - Eye Icon
Fairly and Forcefully Represented
Legal
09/10/2017Fairly and Forcefully Represented

Fairly and Forcefully Represented

Read Full PostRead - Eye Icon
Women in fintech: Wonga’s Women disrupting the industry status-quo.
News
11/11/2024Women in fintech: Wonga’s Women disrupting the industry status-quo.

The fintech industry’s gender imbalance has been well-documented, with report data from the Bank for International Settlements highlighting significant disparities in both industry participation and service usage. Against this backdrop, Wonga has emerged



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