© 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
Autonomous Technology Can Mitigate the Business Impact of the Coronavirus
Innovation
12/03/2020Autonomous Technology Can Mitigate the Business Impact of the Coronavirus

The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity plans to deal with the outbreak, fewer and fewer employees are able t

Read Full PostRead - Eye Icon
How To Get A USA Green Card Through Investment: Understanding The EB-5 Requirements
News
11/04/2022How To Get A USA Green Card Through Investment: Understanding The EB-5 Requirements

The United States is the most popular destination for international migrants. In 2021 alone more than 20 million people applied for a green card but only 50,000 were issued. This shows how tough it can be, however, there’s some good news for those that c

Read Full PostRead - Eye Icon
Flintfox Opens the Door to Europe With New Office
Strategy
05/05/2015Flintfox Opens the Door to Europe With New Office

Flintfox International, a world leader in trade relationship and promotion management solutions, announce the opening of its new Hertfordshire office, just outside of London in the United Kingdom.

Read Full PostRead - Eye Icon
An Inclusive Approach
Legal
08/10/2021An Inclusive Approach

When Perez & Barros Sociedade de Advogados was established in 2018, it was designed to reflect the needs of the day, drawing on modern, customized and ethical legal services. In three years, their efforts have been rewarded with success in 2021’s Global

Read Full PostRead - Eye Icon
Everything You Wanted To Know About Becoming An LLC
Legal
29/07/2022Everything You Wanted To Know About Becoming An LLC

In the 90s, limited liability companies (LLCs) rose in popularity as the newest business entity structure available in the United States. Budding companies enjoyed the liability protection provided by this formation style because it keeps personal assets separ

Read Full PostRead - Eye Icon
Hard Landings and High Stakes: Legal Considerations After a Traumatic Aircraft Touchdown
Legal
26/01/2026Hard Landings and High Stakes: Legal Considerations After a Traumatic Aircraft Touchdown

Commercial aviation is designed around precision, safety, and rigorous operational standards. However, when an aircraft experiences a hard or unstable landing, the consequences can extend far beyond temporary discomfort. These incidents can result in serious p

Read Full PostRead - Eye Icon
Money Grows: Increasing Your Capital
News
13/03/2023Money Grows: Increasing Your Capital

It can be reassuring to know that you are able to pay the bills and still have some cash left over at the end of the month. However, for many people, the last few days before payday can result in loans or credit cards being relied upon.

Read Full PostRead - Eye Icon
AVIC Acquires Fourth US Aviation Firm
M&A
15/04/2015AVIC Acquires Fourth US Aviation Firm

The Aviation Industry Corporation of China (AVIC) has completed the acquisition of US company Align Aerospace, it was announced on 10 April.

Read Full PostRead - Eye Icon
Iwoca Series-B led by by Acton Capital Partners
Finance
04/08/2015Iwoca Series-B led by by Acton Capital Partners

Iwoca Series-B led by by Acton Capital Partners



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