© 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
Using Technology to Protect Your Finances in 2023
Finance
01/12/2022Using Technology to Protect Your Finances in 2023

Businesses and individuals across the globe are facing difficulties due to rising inflammation levels in the current geopolitical situation. People are already beginning to make adjustments to combat these difficulties. Here, we will discuss how using technol

Read Full PostRead - Eye Icon
Cambian Group Acquire By the Bridge Group for £36 million
M&A
01/04/2015Cambian Group Acquire By the Bridge Group for £36 million

The Cambian Group, one of the UK’s leading providers of specialist care and education, has acquired By the Bridge.

Read Full PostRead - Eye Icon
What Can You Purchase with Crypto?
News
24/07/2023What Can You Purchase with Crypto?

Almost a decade ago, it was impossible to do anything with cryptocurrencies other than trade and store tokens in a wallet and hope for the best. Much has changed since then, however, with crypto now being used to purchase a wide variety of assets, products and

Read Full PostRead - Eye Icon
Four Decades of Sophisticated Medical Malpractice Magnificence
News
12/03/2024Four Decades of Sophisticated Medical Malpractice Magnificence

Joseph P. Awad of Silberstein, Awad & Miklos, P.C. is a highly experienced trial and appellate lawyer whose particular legal concentration lies in representing workers who have been injured in construction site accidents or persons that have sustained injuries

Read Full PostRead - Eye Icon
Unlocking Efficiency: How to Enhance Energy and Cost Savings in Facilities and Warehouses
Finance
11/03/2025Unlocking Efficiency: How to Enhance Energy and Cost Savings in Facilities and Warehouses

All business with facilities and warehouses faces mounting challenges when balancing cost management with energy efficiency and sustainability goals.

Read Full PostRead - Eye Icon
Understanding the Triple Threat in the Charity Sector
Corporate Social Responsibility
25/02/2025Understanding the Triple Threat in the Charity Sector

As technology continues to evolve, so do the cyber threats that come with it. Cyber criminals are becoming ever more sophisticated and are finding new ways to exploit vulnerabilities and compromise systems.

Read Full PostRead - Eye Icon
Ardian-backed Novacap purchases CU Chemie Uetikon
M&A
02/07/2015Ardian-backed Novacap purchases CU Chemie Uetikon

French chemicals group Novacap, which is backed by Ardian, has agreed to acquire CU Chemie Uetikon, a Germany-based maker of pharmaceutical substances. The seller is Equistone Partners Europe.

Read Full PostRead - Eye Icon
AI Mid Market Top 50
Strategy
25/04/2016AI Mid Market Top 50

Coming Soon:

Read Full PostRead - Eye Icon
What Is GDPR And 5 Regulation Trends That We Can Expect In The Following Years
News
07/10/2020What Is GDPR And 5 Regulation Trends That We Can Expect In The Following Years

The General Data Protection Regulation (GDPR) is recognized as the world’s most robust set of data protection rules that strengthen how people can access personal information about them and limit what businesses and other organizations can do with people’s



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