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McKesson and Clayton Dubilier & Rice Pursue Acquisition of Option Care Health for Over $5 Billion

Reuters +2 ·

MCK Mckesson Corp
$915.45 +1.46%
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OPCH OPCH +3.22%
  1. 1McKesson and Clayton Dubilier & Rice are nearing a deal to acquire Option Care Health in a transaction valued at over $5 billion, including debt.
  2. 2Option Care shares rose 21% in after-hours trading.
  3. 3McKesson agreed to acquire Precision Medicine Group last August for approximately $2.25 billion.

So what's the key point?

McKesson and Clayton Dubilier & Rice are preparing to buy Option Care Health for more than $5 billion. Following this news, Option Care Health's stock price rose by 21%.

Source Reuters +2 · View original ↗

Related 3-line summaries

McKesson to Acquire Precision Medicine Group for Approximately $2.25 Billion Quartz +1 · Aug 26ViaSat (VSAT) Reports Fiscal Q1 Loss of $51.7 Million Associated Press +1 · Aug 5CVS Health posts Q2 net income of $2.98B, teams up with Lilly on weight-loss drugs The Wall Street Journal +9 · Aug 5
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