M&A Deal Summary |
|
|---|---|
| Date | 2015-06-15 |
| Target | Target - Pharmacy Business |
| Sector | Retail |
| Buyer(s) | CVS Health |
| Sellers(s) | Target |
| Deal Type | Divestiture |
| Deal Value | 1.9B USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Healthcare Services |
| Employees | 219,000 |
| Revenue | 372.8B USD (2024) |
CVS Health operates retail pharmacies, and walk-in medical clinics, and is a pharmacy benefits manager. The Company enables people, businesses, and communities to manage health in a variety of ways. CVS Health advises patients on medications at CVS/pharmacy locations, helps clients control costs at CVS/caremark, and delivers care through CVS/specialty and CVS/minuteclinic. CVS Health was founded in 1996 and is based in Woonsocket, Rhode Island.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 18 |
| Sector: Retail M&A | 6 of 7 |
| Type: Divestiture M&A Deals | 4 of 6 |
| State: Minnesota M&A | 1 of 1 |
| Country: United States M&A | 9 of 18 |
| Year: 2015 M&A | 1 of 2 |
| Size (of disclosed) | 7 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-07-01 |
Navarro Discount Pharmacies
Medley, Florida, United States Navarro Discount Pharmacies LLC is a pharmacy retail services company that provides a broad range of pharmacy benefit management services, including retail, mail order and specialty pharmacy services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-18 |
Omnicare
Cincinnati, Ohio, United States Omnicare, Inc. is a provider of professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other institutional healthcare providers as well as for hospice patients in homecare and other settings. |
Buy | $12.9B |
Target is a general merchandise retailer serving the US market. The Target brand opened its first store in 1962 and currently operates more than 1,800 stores. Target was formed in 1902 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Retail M&A | 4 of 4 |
| Type: Divestiture M&A Deals | 5 of 5 |
| State: Minnesota M&A | 4 of 4 |
| Country: United States M&A | 5 of 5 |
| Year: 2015 M&A | 2 of 2 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-14 |
Target Commercial Interiors
Minneapolis, Minnesota, United States Target Commercial Interiors supplies office furniture to Target’s Minneapolis headquarters and its other offices around the country. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-14 |
Grand Junction
San Francisco, California, United States Grand Junction is a technology transportation company whose software manages local delivery throughout North America—allowing retailers, distributors and third-party logistics providers to offer local delivery through Grand Junction’s technology and network of more than 700 carriers. |
Buy | - |
