Today, February 8, CVS Health, one of the largest pharmacy chains in the US and the world, announced about the purchase of the operator of medical centers Oak Street Health. The deal amounted to $ 10.6 billion, taking into account the payment of the debt. Oak Street shareholders will receive $39 per share, giving a premium of 16% over Tuesday’s price and 73% over the price before the first information about the possible purchase was revealed in January. The deal is expected to close this year.
Oak Street operates a network of 160 health centers primarily serving older Medicare patients. CVS has recently completed several transactions reflecting its ambition to diversify its activities and become a diversified company providing a wide range of medical services – from the sale of drugs to the treatment of patients at home and in medical institutions. In September last year, CVS bought healthcare provider Signify Health, which employs 10,000 doctors and other healthcare professionals in the US, for $8 billion.
