© 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
Who Are the Best Credit Rating Agencies?
News
16/08/2024Who Are the Best Credit Rating Agencies?

Credit rating agencies (CRAs) play a critical role in financial markets by providing a standardized assessment of an entity’s creditworthiness. These appraisals estimate the level of risk involved with investing in debt instruments, including bonds, pref

Read Full PostRead - Eye Icon
The Future of Energy Efficient Homes
Innovation
16/02/2022The Future of Energy Efficient Homes

Becoming a household name for renewables in Scotland by heating one household at a time, the Greener Energy Group has become accredited as the ‘Most Outstanding Energy Saving Solutions Provider’ in 2021 for the UK.

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
6 Ways You Can Track Employee Hours Online
Strategy
18/01/20216 Ways You Can Track Employee Hours Online

Employee tracking provides accurate logging of employee hours, giving smarter insights not only into projected labor costs but also into employee efficiency and productivity. Accurate employee hours allow employers to generate more accurate payroll numbers to

Read Full PostRead - Eye Icon
Is Illinois a Comparative Negligence State? What Does This Mean for Personal Injury Cases?
Legal
20/03/2023Is Illinois a Comparative Negligence State? What Does This Mean for Personal Injury Cases?

The state of Illinois follows the modified comparative negligence theory when it comes to fault. This means that you can be assigned fault in personal injury cases depending on your situation and the circumstances of the accident.

Read Full PostRead - Eye Icon
United Bankshares, Inc. Announces Increase in Earnings
Finance
30/04/2015United Bankshares, Inc. Announces Increase in Earnings

United Bankshares, Inc., today announced earnings for the first quarter of 2015. Earnings for the first quarter of 2015 were $34.6 million or $0.50 per diluted share, an increase from earnings of $30.1 million or $0.48 per diluted share for the first quarter o

Read Full PostRead - Eye Icon
4 Things to Do to Improve Your Finances
Finance
28/06/20214 Things to Do to Improve Your Finances

We are all looking for quick ways that will give us some financial stability back into our lives after the craziness of the last year. We could all do with a little savings boost that will give us a cushion to fall back on should we need it. If you are looking

Read Full PostRead - Eye Icon
Leading U.S. Locations for Aspiring Stock Brokers
News
11/09/2023Leading U.S. Locations for Aspiring Stock Brokers

As a budding stockbroker looking to stake your claim in the trading world, you may be okay starting from anywhere. The truth is where you choose to launch and grow your career as a stockbroker can dramatically impact your professional and personal success.&nbs

Read Full PostRead - Eye Icon
Investing in “Green” Homes: A Profitable Strategy for a Sustainable Future
News
21/06/2023Investing in “Green” Homes: A Profitable Strategy for a Sustainable Future

In the wake of growing environmental concerns and the increasing demand for energy-efficient homes, investing in green homes has become a profitable and sustainable real estate strategy.



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