© 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
6 Strategies to Maximize Customer Engagement Through Corporate Email Campaigns in 2024
News
08/07/20246 Strategies to Maximize Customer Engagement Through Corporate Email Campaigns in 2024

Image Source: Pexels Most trending innovations, like corporate email campaigns, continue to soar high in 2024 as a reliable cornerstone for maximizing customer engagement. With new technologies and strategies sprouting fast, catching up and staying ahead needs

Read Full PostRead - Eye Icon
Building the Future of Construction
Innovation
13/10/2021Building the Future of Construction

Having received the accolade of the ‘Best Building Enclosure Products Manufacturer’ for 2021 in the USA, MaxLife Industries will use its new flagship product to inspire innovation in the building materials industry.

Read Full PostRead - Eye Icon
Delivering the Benefits in Compliance, with IRS Standards
Finance
07/02/2020Delivering the Benefits in Compliance, with IRS Standards

Engineered Tax Services, Inc. (ETS) is one of the largest licensed engineering tax firms in the United States that focuses on federal, state, and local tax benefits. We caught up with CEO, Julio Gonzalez who provided us with a detailed glimpse into the one of

Read Full PostRead - Eye Icon
Hyper-short-term investments: what are millennials investing in?
Finance
02/09/2019Hyper-short-term investments: what are millennials investing in?

Despite the stereotype of the younger generation being frivolous with their money, it seems they are actually one of the savviest generations when it comes to turning a profit on their own. While they are hesitant to invest in stocks, millennials and generatio

Read Full PostRead - Eye Icon
The Nails.INC Founder Who Turned British Beauty Into Big Business
Leadership
23/06/2026The Nails.INC Founder Who Turned British Beauty Into Big Business

In this exclusive interview with the Female Motivational Speakers Agency, Thea discusses how the British beauty industry has changed since the late 1990s, why customers now expect brands to be more honest, the reality of raising money as a female founder, and

Read Full PostRead - Eye Icon
An Introduction to Filling the W-8BEN Form
Finance
19/05/2022An Introduction to Filling the W-8BEN Form

As firms search overseas for growth opportunities, it is no surprise that foreign investment in the U.S. increased by around $7.5 million in just 2021. As a foreigner working or conducting business dealings in the U.S., you must familiarize yourself with the W

Read Full PostRead - Eye Icon
How Business Owners Can Outsmart Inflation
Strategy
09/11/2022How Business Owners Can Outsmart Inflation

Out of control inflation has now engulfed most of the world's major economic zones, including nearly every developed and some developing nations. While many working adults manoeuvre to side-step rising prices in dozens of ways, what about owners of small bus

Read Full PostRead - Eye Icon
How Comparative Negligence is Quietly Gutting Injury Lawsuits in Florida
Legal
11/07/2025How Comparative Negligence is Quietly Gutting Injury Lawsuits in Florida

In early 2025, an Orlando woman filed a personal injury lawsuit after suffering a serious spinal injury outside a retail store. She’d slipped on a wet surface near the entrance, no warning signs in sight. But during the trial, the defense argued she was dist

Read Full PostRead - Eye Icon
How to Effectively Scale Your Business With Guest Blogging
News
04/02/2022How to Effectively Scale Your Business With Guest Blogging

Capturing your audience’s attention in this volatile and competitive market isn’t easy. People are constantly bombarded with online content, and to stand out, your content marketing strategy needs to be on point. A blog is a great way to get customers to p



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