© 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
Defense Experts in the Areas of DNA Profiling
Innovation
26/11/2018Defense Experts in the Areas of DNA Profiling

Dean A. Stetler and Associates, Inc provides their expertise and knowledge of biological science, particularly of DNA profiling, to criminal defenses. Recently, we profiled both Dean Stetler and Dean A. Stetler and Associates, Inc to discover more about the aw

Read Full PostRead - Eye Icon
The Best Chance of Success for Your New App Might Not Be with Large Platforms Like The iOS App Store
Innovation
13/07/2020The Best Chance of Success for Your New App Might Not Be with Large Platforms Like The iOS App Store

While it is typically assumed that new apps are best positioned by entering a dominant platform, new research from the UCL School of Management and the University of Toronto at Scarborough reveals that these spaces are often overcrowded and do not offer apps t

Read Full PostRead - Eye Icon
Cybersecurity Awareness Month: 5 Essential Steps to Protect Your Business
Finance
15/10/2024Cybersecurity Awareness Month: 5 Essential Steps to Protect Your Business

According to the 2024 UK Government Cybersecurity Breaches Survey, 50% of businesses experienced a cyber-attack or security breach in the past year.

Read Full PostRead - Eye Icon
5 Ways In Which mLearning Enhances Employee Engagement
Innovation
29/09/20225 Ways In Which mLearning Enhances Employee Engagement

There is no doubt that mobile phones have deeply entwined into our daily lives. They fulfill a wide variety of needs, from allowing us to consume quality training sessions to the ability to capture special moments or ordering our favorite dessert.

Read Full PostRead - Eye Icon
Copart Expands Operations in the Middle Eas
Strategy
13/04/2015Copart Expands Operations in the Middle Eas

Copart, a leading online vehicle auction company, today announced the opening of its second facility in the Middle East.

Read Full PostRead - Eye Icon
7 Reasons Why Businesses Prefer to use Online PDF Tools
News
12/04/20237 Reasons Why Businesses Prefer to use Online PDF Tools

PDFs or Portable Documents initially started to be used back in the 90s and have become some of the most popular document formats used in the modern day.

Read Full PostRead - Eye Icon
Workplace Injuries – What to Do Next, Including Legal Advice
News
23/10/2023Workplace Injuries – What to Do Next, Including Legal Advice

Workplace Injuries – What to Do Next, Including Legal Advice In our fast-paced and often demanding work environments, accidents can happen. Workplace injuries can range from minor incidents to more severe accidents, and knowing what to do when they occur

Read Full PostRead - Eye Icon
Essential Tips for Affiliate Marketers
News
24/06/2024Essential Tips for Affiliate Marketers

Partnership purpose between site owners and companies providing affiliate marketing services is to increase content views and profits on the Internet. Products are promoted using unique links. As a result, the cooperation turns out to be mutually beneficial. A

Read Full PostRead - Eye Icon
Ones to Watch for 2016: The Best Fraud Investigation Firms
Legal
18/05/2016Ones to Watch for 2016: The Best Fraud Investigation Firms

PLMJ is one of Portugal’s leading law firms and a key player in the country’s legal sector because of its dynamism, capacity for innovation and quality of service.



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