© 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
Protecting Money in the Digital Age
Finance
13/11/2023Protecting Money in the Digital Age

Money Protects is an innovative financial and technology company based in Dubai, focused on providing clients with services relating to managing wealth and ensuring stable finances that will keep them debt free for a sustainable future.

Read Full PostRead - Eye Icon
Easy Ways To Improve Your Money Spending Habits
News
28/06/2022Easy Ways To Improve Your Money Spending Habits

Good management skills are something that is crucial in order to live a hassle-free and organized life, and no one can deny this fact. Management is extremely important in every aspect of your life, and if you don’t manage properly your tasks, you could end

Read Full PostRead - Eye Icon
Business Budgeting: A Guide For Sole Traders
News
29/08/2023Business Budgeting: A Guide For Sole Traders

Business Budgeting: A Guide For Sole Traders Managing the budget for any business requires two things: conscientious spending habits and an eye for detail. And whilst larger companies may have more complicated financial records, it can be just as tricky managi

Read Full PostRead - Eye Icon
Experts in Coaching
Leadership
16/10/2017Experts in Coaching

Experts in Coaching

Read Full PostRead - Eye Icon
4 Things to Do to Improve Your Finances
Finance
28/06/20214 Things to Do to Improve Your Finances

We are all looking for quick ways that will give us some financial stability back into our lives after the craziness of the last year. We could all do with a little savings boost that will give us a cushion to fall back on should we need it. If you are looking

Read Full PostRead - Eye Icon
5 Tips on How Your Business Can Save On Energy Bills
Finance
29/05/20255 Tips on How Your Business Can Save On Energy Bills

The costs of starting and sustaining a small business can be daunting, but support is available to help you reap the rewards. So, what help is readily available when it comes to balancing energy costs? 

Read Full PostRead - Eye Icon
The Stretch Zone, Deep Learning from the Inside-Out
Finance
08/06/2016The Stretch Zone, Deep Learning from the Inside-Out

I recently had the pleasure of meeting Richard, COO at a financial services organisation. We first met ten years ago on a talent and leadership programme where I was lead facilitator.

Read Full PostRead - Eye Icon
3 Business Benefits of Transitioning to the Hybrid Cloud
Innovation
26/07/20223 Business Benefits of Transitioning to the Hybrid Cloud

Cloud computing is becoming more popular as it assists companies in processing large volumes of data, allowing them to adapt quickly and cater to the business’s and its employees’ ever-changing needs. It also facilitates global deployment, paving the way f

Read Full PostRead - Eye Icon
Monster Worldwide Recommends Stockholders Tender Into Randstad Offer
Finance
03/10/2016Monster Worldwide Recommends Stockholders Tender Into Randstad Offer

MNG's Consent Solicitation is an Attempt to Derail the Randstad Offer and Take Control of the Company Without Paying a Control Premium



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