© 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
Intellectually Stimulating Work
Innovation
07/06/2017Intellectually Stimulating Work

Sand & Sebolt, LPA is an intellectual property boutique law firm located in Northeast Ohio, USA. They were recently awarded the Most Outstanding IP Law Firm 2016 as part of the 2016 Global Excellence Awards, after which we invited them to profile the work of t

Read Full PostRead - Eye Icon
Weld North LLC Completes Merger of Performance Matters and Truenorthlogic
Innovation
Read Full PostRead - Eye Icon
Technology M&A – Shifting Paradigms
Innovation
15/07/2016Technology M&A – Shifting Paradigms

M&A in the technology, media and entertainment (TME) space has boomed over the last 24 months and while Brexit may dent confidence and activity, arguably this sector is better placed than most to remain buoyant.

Read Full PostRead - Eye Icon
Are Wire Transfers Still Relevant in the Digital Age?
Finance
21/08/2026Are Wire Transfers Still Relevant in the Digital Age?

From ACH (Automated Clearing House) transfers and digital wallets to peer-to-peer apps and instant payments, there are more ways than ever to move money. In a digital payment era, are wire transfers still relevant? The answer appears to be yes: The Fedwire Fun

Read Full PostRead - Eye Icon
Coca-Cola to Acquire Chinese Beverage Firm for $400.5 Million
Finance
22/04/2015Coca-Cola to Acquire Chinese Beverage Firm for $400.5 Million

Coca-Cola Co., the world’s largest beverage company, will buy China’s Xiamen Culiangwang Beverage Technology Co. for about $400 million in cash, gaining a line of plant- based protein drinks in a renewed push into the Asian market.

Read Full PostRead - Eye Icon
Transforming Corporate Travel with ehotel®: A Global Shift in Efficiency and Innovation
Innovation
06/09/2024Transforming Corporate Travel with ehotel®: A Global Shift in Efficiency and Innovation

In today’s rapidly evolving business landscape, managing corporate travel efficiently while ensuring compliance with ever-changing regulations is more critical than ever.

Read Full PostRead - Eye Icon
Time Is Of The Essence – Integrate Your Acquisitions Now Or Risk Your ROI
M&A
21/09/2022Time Is Of The Essence – Integrate Your Acquisitions Now Or Risk Your ROI

Strategic acquisition remains a popular option to rapidly scale. The Private Equity ‘Buy and Build’ methodology enables portfolios to gain additional market traction whilst obtaining valuable IP and gaining useful new Human Capital. These are distinct posi

Read Full PostRead - Eye Icon
Mac 101- Why Does Apple Consider them as the Best Choice for Businesses?
News
16/11/2021Mac 101- Why Does Apple Consider them as the Best Choice for Businesses?

Mac devices have been increasing in popularity in business for numerous years. Companies like IBM and Axel Springer opt for Mac rather than PCs. Why do companies opt for Mac?

Read Full PostRead - Eye Icon
What Business Leaders Should Know Before Adopting Crypto Payments or Blockchain-Based Finance Tools
Finance
24/07/2026What Business Leaders Should Know Before Adopting Crypto Payments or Blockchain-Based Finance Tools

Crypto payments and blockchain-based finance tools are no longer limited to experimental startups or digital asset companies. Businesses in retail, SaaS, logistics, gaming, travel, and cross-border trade are increasingly exploring how these technologies could



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