© 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
Consolidations Taking Place in the International Money Transfer Space
Finance
05/10/2021Consolidations Taking Place in the International Money Transfer Space

And as we move into Q4 2021, more firms in the international money transfer industry are set to add to the fireworks. Overall, though, the industry is about to get less crowded.

Read Full PostRead - Eye Icon
5 Things To Do When Filing for a Worker’s Compensation Claim
Legal
24/03/20235 Things To Do When Filing for a Worker’s Compensation Claim

Injuries and illnesses are inevitable in every working place. However, if any of these result from certain conditions in your workplace or you sustain them while working, you can receive compensatory benefits.

Read Full PostRead - Eye Icon
Beyond the Construction Fence: How Boston Developers Can Manage Worker Safety and Public Access
Legal
16/10/2026Beyond the Construction Fence: How Boston Developers Can Manage Worker Safety and Public Access

A construction project can be commercially successful on paper yet create serious problems if the space surrounding the development is poorly managed. A decision about where to position a loading gate may influence pedestrian movement, delivery efficiency and

Read Full PostRead - Eye Icon
Three Ways to Boost Your Business with Artificial Intelligence
Strategy
28/03/2023Three Ways to Boost Your Business with Artificial Intelligence

Artificial intelligence (AI) technology is either going to make the world better or it’s going to take over and render us obsolete. The former is more likely, but we can’t rule out the latter scenario, according to Elon Musk.

Read Full PostRead - Eye Icon
7 Reasons Why Florida is a Great State for Starting a Business
News
04/03/20247 Reasons Why Florida is a Great State for Starting a Business

Imagine launching your business in a place where the sun shines all year round, tax burdens lighten, and markets continue to flourish. Welcome to Florida—a state that seamlessly blends leisure with enterprise, creating an ecosystem ripe for entrepreneuri

Read Full PostRead - Eye Icon
Maybelline New York Introduces its Conscious Together Programme
Corporate Social Responsibility
28/01/2022Maybelline New York Introduces its Conscious Together Programme

The Conscious Together programme aims to create a more responsible business model for the brand by transforming its processes, innovations, and mindset to reduce its impact on the planet, with four ambitions set to be achieved by 2030.

Read Full PostRead - Eye Icon
7 Best e-Invoicing Compliance Solutions in 2026
Finance
26/08/20267 Best e-Invoicing Compliance Solutions in 2026

Electronic invoicing has evolved from a finance automation initiative into one of the most significant regulatory transformations affecting multinational businesses. Governments worldwide are introducing continuous transaction controls (CTCs), real-time report

Read Full PostRead - Eye Icon
First Quarter Update – KBS Corporate
Finance
17/05/2016First Quarter Update – KBS Corporate

KBS Corporate is recognised as one of the UK’s leading providers of company sales services, offering complete project management and consultancy services to shareholders and owner managers who are considering an exit strategy.

Read Full PostRead - Eye Icon
Finansinvest Enhances operations with SunGard’s Front Arena for Trading and Risk Management
Innovation
22/07/2015Finansinvest Enhances operations with SunGard’s Front Arena for Trading and Risk Management

Finansinvest enhances operations with SunGard’s Front Arena for trading and risk management



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