© 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
How to Handle a Contentious Probate Dispute When a Business Owner Dies Without a Clear Will
Legal
31/07/2026How to Handle a Contentious Probate Dispute When a Business Owner Dies Without a Clear Will

When a business owner passes away without leaving a clear will, families go through many challenges. For instance, families might suddenly find themselves arguing over who owns the business now and who is best positioned to make decisions. Disagreements like t

Read Full PostRead - Eye Icon
Maybelline New York Introduces its Conscious Together Programme
Corporate Social Responsibility
28/01/2022Maybelline New York Introduces its Conscious Together Programme

The Conscious Together programme aims to create a more responsible business model for the brand by transforming its processes, innovations, and mindset to reduce its impact on the planet, with four ambitions set to be achieved by 2030.

Read Full PostRead - Eye Icon
Ticketing Events Solutions for Culture Events: A Practical Guide
Technology
23/06/2026Ticketing Events Solutions for Culture Events: A Practical Guide

Running a cultural institution has never been straightforward. Museums manage timed entry and school groups. Theatres balance subscriptions, seat management, and last-minute demand. Opera houses maintain complex patron relationships while handling premium pric

Read Full PostRead - Eye Icon
Top Online Workplace Violence Prevention Training Courses
Leadership
26/05/2026Top Online Workplace Violence Prevention Training Courses

Incidents of workplace violence pose a significant and growing risk to all businesses. According to the National Safety Council, Between 2023 and 2024, assaults have caused 77,780 cases of days away from work, job restriction or transfer. Reports also record 4

Read Full PostRead - Eye Icon
CEO of the Year, Germany
Innovation
29/02/2016CEO of the Year, Germany

Linguatec develops and markets leading edge language technology solutions for Machine Translation, Automatic Speech Recognition and Speech Synthesis.

Read Full PostRead - Eye Icon
UniBee Review: Empowering SaaS Payment Processing in Digital Growth
Finance
26/03/2026UniBee Review: Empowering SaaS Payment Processing in Digital Growth

The phenomenon of software as a service (SaaS) in the modern digital economy has become the default delivery model for everything from workplace productivity to financial services. As the industry continues its rapid expansion, one truth has become abundantly

Read Full PostRead - Eye Icon
Grakon LLC Acquires BMAC Limited
M&A
11/10/2016Grakon LLC Acquires BMAC Limited

Grakon LLC, a global leader in the design and manufacture of custom LED interior and exterior lighting solutions

Read Full PostRead - Eye Icon
Putting People First
Legal
03/08/2022Putting People First

The UK offers many exciting opportunities to those who are looking to do good business, but finding an immigration solution that suits your specific needs is by no means simple.

Read Full PostRead - Eye Icon
Expert Witness
Innovation
06/09/2017Expert Witness

Expert Witness



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