© 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
Browne Jacobson advises LDC on £25m Aspin Group investment
Finance
14/05/2015Browne Jacobson advises LDC on £25m Aspin Group investment

Browne Jacobson advises LDC on £25m Aspin Group investment.

Read Full PostRead - Eye Icon
A Presence Within the Middle East
Strategy
26/01/2017A Presence Within the Middle East

A dominant and resilient presence within the architecture world of the Middle East since its founding in 1984, the National Engineering Bureau has consistently and steadily carved out a reputation to match its many successful architecting feats across the regi

Read Full PostRead - Eye Icon
Italian Firm Finds International Success
Legal
22/03/2020Italian Firm Finds International Success

The intricacies of law can lead some companies to become specialists in their specific geographic areas, but it can also inspire businesses to look further afield for ways in which to operate and innovate. One of the firms that sees innovation as essential is

Read Full PostRead - Eye Icon
Artificial Intelligence: 3 Benefits for the Insurance Industry
News
03/08/2020Artificial Intelligence: 3 Benefits for the Insurance Industry

As the insurance sector competes to win market share, Henry Jinman at EBI.AI discusses three ways companies can benefit from the power of Artificial Intelligence.

Read Full PostRead - Eye Icon
Hemp Highlighted as Stepping Stone to Carbon-Neutral Future
News
30/11/2021Hemp Highlighted as Stepping Stone to Carbon-Neutral Future

This year’s Q4 report by Canxchange looked at the state and prospects of the global market for hemp products. Canxchange provides industry analyses to professionals in the sector, and in their latest report, they highlighted the role of the industrial use of

Read Full PostRead - Eye Icon
Is York Becoming the Marketing Hub of Yorkshire?
News
01/11/2024Is York Becoming the Marketing Hub of Yorkshire?

York is emerging as a prime location for marketing agencies in Yorkshire, as revealed by research from Nomada Digital, a York SEO agency. The analysis of Google search data and Companies House records shows a significant increase in demand for local marketing

Read Full PostRead - Eye Icon
Are Your Business and Personal Brands Prepared for AI? Expert Says Most Aren’t
Innovation
28/04/2023Are Your Business and Personal Brands Prepared for AI? Expert Says Most Aren’t

The online competition for attention and engagement has never been more intense. And the rapid rise of AI is exponentially increasing the tension, bringing things to a game-changing level. To stand out from the crowd and compete, leaders need to get their pers

Read Full PostRead - Eye Icon
Treasured Island
Finance
29/09/2016Treasured Island

Baker Tilly Isle of Man are a part of Baker Tilly International which is the 7th largest advisory company, and are a leading firm of chartered accountants and business consultants.

Read Full PostRead - Eye Icon
3 Top Environmental Consulting Companies in 2025
News
21/02/20253 Top Environmental Consulting Companies in 2025

Businesses want answers on how to be the most sustainable in their niche. Many shareholders know the journey to implement eco-friendly practices demands time and attention, so it makes sense that everyone wants to delegate the beginning of this process to an e



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