© 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
Enhancing Sustainability and Efficiency with Commercial Heating Systems
News
19/12/2023Enhancing Sustainability and Efficiency with Commercial Heating Systems

When it comes to heating systems on commercial premises, gas boilers remain the go-to option for businesses of all sizes and industries. These appliances offer the perfect balance of power, performance, reliability, and efficiency, while also allowing for besp

Read Full PostRead - Eye Icon
A Leader’s Guide to Responding When a Fatal Crash Hits Your Workplace
Legal
28/07/2026A Leader’s Guide to Responding When a Fatal Crash Hits Your Workplace

A fatal road crash can become a workplace crisis in minutes. During a recent Ohio July Fourth reporting period, the State Highway Patrol recorded 18 deaths and investigated 575 additional crashes. Beyond general enforcement, troopers issued 1,722 citations for

Read Full PostRead - Eye Icon
The Leadership Mistake That Stops Teams Performing at Their Best
Leadership
22/04/2026The Leadership Mistake That Stops Teams Performing at Their Best

In this exclusive interview with the Motivational Speakers Agency, Ian Windle reflects on what defines high-performing teams, why growth happens outside comfort, and how leaders can bring clarity and honesty to organisations when uncertainty starts to bite.

Read Full PostRead - Eye Icon
What You Need To Know Before Investing In Cryptocurrency
Finance
18/10/2021What You Need To Know Before Investing In Cryptocurrency

Cryptocurrencies are a two-edged sword that can either harm or make your finances. Before you start investing in cryptocurrency, you need a holistic knowledge of the marketplace.

Read Full PostRead - Eye Icon
Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.
M&A
23/07/2015Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

Read Full PostRead - Eye Icon
The Influence of Digital Footprints on Business Reputation and Trust
News
25/02/2025The Influence of Digital Footprints on Business Reputation and Trust

Although the internet creates new opportunities to reach consumers, it also introduces complications.

Read Full PostRead - Eye Icon
6 Common Issues With Medical Billing — and How to Overcome Them in Your Business
Innovation
15/05/20236 Common Issues With Medical Billing — and How to Overcome Them in Your Business

Running a medical billing business can be an incredibly rewarding endeavour, but it is not without its challenges. Every day, healthcare businesses face complex and ever-changing regulations that must be navigated to ensure accurate payments for services rende

Read Full PostRead - Eye Icon
Why Moderating Your Social Media is Important as a Business
Innovation
25/11/2022Why Moderating Your Social Media is Important as a Business

Sadly, even the most useful tool can quickly become a destructive weapon when it is placed in the wrong hands. This fact of life permeates every industry, every family, every community. Something designed to valuable and beneficial can be used to cause harm wh

Read Full PostRead - Eye Icon
Turnaround Management and Corporate Renewal
Finance
06/06/2016Turnaround Management and Corporate Renewal

Loughlin Management Partners + Co (“LM+Co”) provides comprehensive services to support client companies including interim management, value creation and performance improvement, restructuring and turnaround advisory, and corporate finance.



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