Omnicare Would Be a Good Strategic Fit for CVS: JPMorgan
2015-05-19 13:14:24.654 GMT
By Sasha Damouni
(Bloomberg) --Omnicare would present a good strategic fit
for CVS, based on CVS’s ability to continue serving high-
utilizing senior patients, along with significant cost,
purchasing, rev. synergy opportunities, JPMorgan analyst Lisa
Gill wrote in note.
* Gill implies a combined enterprise value of $11.1b-$12.3b
* Deal could drive FY16 adj. EPS accretion of 22c for the
entire company
* NOTE: April 30, Omnicare Said to Draw Interest From CVS,
Express Scripts
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Sasha Damouni in New York at +1-212-617-7787 or
sdamouni2@bloomberg.net
To contact the editor responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net
2015-05-19 13:14:24.654 GMT
By Sasha Damouni
(Bloomberg) --Omnicare would present a good strategic fit
for CVS, based on CVS’s ability to continue serving high-
utilizing senior patients, along with significant cost,
purchasing, rev. synergy opportunities, JPMorgan analyst Lisa
Gill wrote in note.
* Gill implies a combined enterprise value of $11.1b-$12.3b
* Deal could drive FY16 adj. EPS accretion of 22c for the
entire company
* NOTE: April 30, Omnicare Said to Draw Interest From CVS,
Express Scripts
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Sasha Damouni in New York at +1-212-617-7787 or
sdamouni2@bloomberg.net
To contact the editor responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net