Option Care Health shares rise after CD&R and McKesson agree on $5.8B takeover
Shares of Option Care Health (OPCH) surged over 34% in early trading following the announcement that Clayton, Dubilier & Rice (CD&R) and McKesson Corporation have agreed to acquire the company for approximately $5.8 billion. The deal values OPCH at $32.05 per share, including debt. The acquisition is expected to bring significant strategic benefits by combining Option Care Health’s home infusion therapy services with CD&R's private equity expertise and McKesson’s healthcare infrastructure capabilities. This move could enhance the company’s market position in post-acute care solutions. Investors responded positively to the news, reflecting confidence in the deal’s potential for growth and operational synergies.
Topics: acquisition stock price movement