© 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
The Best Way to Find Talented Software Engineers for Your Business
Leadership
19/08/2022The Best Way to Find Talented Software Engineers for Your Business

Finding a software engineer for your company is harder than it looks. A typical recruitment process is almost guaranteed to fail, as full-stack developers are only as good as their skills. Any candidate can tell you they're good, but a fantastic coder can show

Read Full PostRead - Eye Icon
New product Increases Engagement In Games
Finance
06/08/2015New product Increases Engagement In Games

Mobile Engagement Company First to Unite the Power of Predictive Analytics and Mobile Messaging to Target Key Player Groups, Generating Impressive Results Including 11% Decrease in Churn, 18% Increase in Number of Sessions and 50% Increase in Revenue.

Read Full PostRead - Eye Icon
4 Tips For Automating Your Business Security Successfully
Innovation
08/09/20224 Tips For Automating Your Business Security Successfully

According to Statistica, 47.3% of companies are embracing automation from a security perspective. If you’re looking to automate your business’ security successfully, you need an awareness of the tools and technologies most beneficial for security automatio

Read Full PostRead - Eye Icon
Minimum Wage Workers Will Be Hit by Chancellor’s Cuts, Says TUC
Strategy
17/03/2015Minimum Wage Workers Will Be Hit by Chancellor’s Cuts, Says TUC

TUC General Secretary spoke about new minimum wage rates.

Read Full PostRead - Eye Icon
Best Certified Translations for Business Documents in Canada
Legal
11/05/2026Best Certified Translations for Business Documents in Canada

Getting certified translations for business documents right, accurate, compliant, and accepted by the authority reviewing them, isn’t just a box to tick. It’s what keeps deals moving, filings on time, and your business working seamlessly.

Read Full PostRead - Eye Icon
Finding Face in the Fintech  Investment Boom
Finance
01/06/2015Finding Face in the Fintech Investment Boom

We recently spoke to Sam Pearse, Partner, Corporate & Securities, at Pillsbury Winthrop Shaw Pittman LLP about how to find face in the Fintech Investment Boom.

Read Full PostRead - Eye Icon
A Spotlight on Insolvency & Restructuring
Legal
05/10/2015A Spotlight on Insolvency & Restructuring

Solomon Harris was founded in 1998 by Managing Partner Sophia Harris. With offices in central George Town, the capital of the Cayman Islands, and Zurich, Switzerland, the firm offers cost effective legal advice to both local and international clients wishing t

Read Full PostRead - Eye Icon
Top Lithium-Producing Countries: A Market Overview
News
30/09/2024Top Lithium-Producing Countries: A Market Overview

Lithium, often referred to as “white gold,” is a critical component in the manufacturing of batteries, particularly lithium-ion batteries, which power everything from smartphones to electric vehicles (EVs) and renewable energy storage systems. As

Read Full PostRead - Eye Icon
UK Businesses Confess They Are Overwhelmed By Volume Of Data
Strategy
23/03/2020UK Businesses Confess They Are Overwhelmed By Volume Of Data

67% of organisations are struggling to access their data to make business decisions.



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