© 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
Best Classical Music Promotions Company – UK
Finance
01/07/2016Best Classical Music Promotions Company – UK

From Sweden Productions are a London-based production company specialising in production management and promotions of large-scale high profile concerts, festivals and events with a Swedish connection.

Read Full PostRead - Eye Icon
Can I Sign Documents Remotely While Self-Isolating?
Legal
17/03/2020Can I Sign Documents Remotely While Self-Isolating?

With many businesses reviewing business continuity policies in light of COVID-19, Jonathan Askin, corporate and commercial partner at JMW Solicitors, thought it might be helpful to set out to how e-signatures work so that this can be built into planning proced

Read Full PostRead - Eye Icon
Civil Mediator of the Year – UK
Finance
20/05/2016Civil Mediator of the Year – UK

Greater London and East Anglia mediation LLP (GLEAMED) provides dispute resolution services.

Read Full PostRead - Eye Icon
Gleiss Lutz Advises Yemeksepeti-Anteilseigner During Delivery Hero Acquisition
M&A
19/05/2015Gleiss Lutz Advises Yemeksepeti-Anteilseigner During Delivery Hero Acquisition

Gleiss Lutz Advises Yemeksepeti-Anteilseigner During Delivery Hero Acquisition

Read Full PostRead - Eye Icon
CVC Capital Partners Acquisition of PKP Energetyka
Finance
03/08/2015CVC Capital Partners Acquisition of PKP Energetyka

CVC Capital Partners Acquisition of PKP Energetyka

Read Full PostRead - Eye Icon
The Most Common Questions On Personal Injury Claims Answered
Legal
24/03/2022The Most Common Questions On Personal Injury Claims Answered

For most of us, legal procedures and processes aren’t everyday occurrences: we see more of a courtroom through our TVs, as per Collider.com, than we ever do in person. Some of the most common circumstances in which people find themselves actually represented

Read Full PostRead - Eye Icon
Experience in Economics Bring Great Greek Success
Legal
05/01/2021Experience in Economics Bring Great Greek Success

Experience is one of the most valuable things that a lawyer can have in their arsenal of services when working on behalf of a client. An experienced lawyer can reach into their own knowledge to come up solutions that many others simply would not be able to. Th

Read Full PostRead - Eye Icon
How to Choose the Right Vessel for Your Business Needs
News
23/11/2023How to Choose the Right Vessel for Your Business Needs

Businesses exporting heavy-duty products or goods will have to consider the right type of cargo transportation. If goods are exported internationally, this will require consideration of the right type of vessel or ship.

Read Full PostRead - Eye Icon
Artificial Intelligence Causes New Challenges For Research Ethics At Universities
Innovation
11/01/2018Artificial Intelligence Causes New Challenges For Research Ethics At Universities

The acceleration of knowledge and the emergence of new technologies, such as artificial intelligence (AI), has provoked new ethical questions and requires universities to approach research ethics differently, says Professor Sylvie Pommier, Director of Doctoral



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