© 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
What Can Businesses Do to Improve Their Cash flow?
Finance
16/07/2021What Can Businesses Do to Improve Their Cash flow?

From overdue invoices to staying on top of bills, it is estimated that one in four companies in the UK struggle with cash flow at some point, with as many as 61% having issues on a regular basis.

Read Full PostRead - Eye Icon
The Requirements for a High Quality Fire Protection Door
News
29/03/2024The Requirements for a High Quality Fire Protection Door

Ensuring that your premises are equipped with the relevant fire doors that will slow the spread of fire and that these doors are compliant with all of the latest safety regulations is essential for all businesses. With this in mind, let’s take a look at

Read Full PostRead - Eye Icon
Potts Print Invests £1 Million In Move  For Record Results
Finance
13/07/2015Potts Print Invests £1 Million In Move For Record Results

A Northumberland printing firm has invested more than £1 million in a new press as it moves to achieve the best results in its 140-year history

Read Full PostRead - Eye Icon
Expanding Your Business Through Acquisition Financing
News
26/04/2024Expanding Your Business Through Acquisition Financing

Expanding a business often entails acquiring another company. This ambitious move, however, requires careful financial planning as well as a deep dive into full standby seller financing and other strategies. For businesses, big or small, pondering an

Read Full PostRead - Eye Icon
British public fears Bitcoin security risk
Finance
26/01/2018British public fears Bitcoin security risk

British public fears Bitcoin security risks

Read Full PostRead - Eye Icon
Innovation in Mortgage: How CRM Solutions Drive Change
News
29/08/2023Innovation in Mortgage: How CRM Solutions Drive Change

Innovation in Mortgage: How CRM Solutions Drive Change The mortgage industry is ripe for innovation, and customer relationship management (CRM) solutions are at the forefront of driving this change. The use of CRM solutions by mortgage lenders has revolutioniz

Read Full PostRead - Eye Icon
Why Are AI Recruitment Start-ups Winning Millions in Investment?
News
23/02/2022Why Are AI Recruitment Start-ups Winning Millions in Investment?

AI-driven recruitment startups have secured around $300 million in funding in the last two months, suggesting a significant shift in the recruitment process is imminent, and that investors see this shift as a profitable and growing sector.

Read Full PostRead - Eye Icon
Proptech On the Rise As Residential and Commercial Real Estate Investors Look to Battle Inflationary Pressures and Rising Interest Rates, Reveals Hampleton Partners
Innovation
09/11/2022Proptech On the Rise As Residential and Commercial Real Estate Investors Look to Battle Inflationary Pressures and Rising Interest Rates, Reveals Hampleton Partners

The Proptech M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, reveals that the first half of 2022 saw 55 property technology (Proptech) deals, 57 per cent up on 1H2020 and 12 per cen

Read Full PostRead - Eye Icon
Silverfleet Acquires Coventya From Equistone
Finance
29/03/2016Silverfleet Acquires Coventya From Equistone

Silverfleet Capital, the European Private Equity firm specialised in buy-to-build, has agreed to acquire a majority stake in Coventya from Equistone Partners Europe Limited for an undisclosed sum.



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