Cardinal Health Expands Home Care Business with Two Tuck-In Acquisitions

Cardinal Health (NYSE: CAH) announces it has entered into two definitive agreements that accelerate its at-Home Solutions’ growth strategy. Cardinal Health will acquire the Diabetes Health business of AdaptHealth Corp. (NASDAQ: AHCO), and, in its entirety, Strive Medical, a multi-specialty supply provider with a focus on urology. Combined, the transactions total approximately $360 million in cash, subject to working capital adjustments. Both agreements enhance the framework established by Cardinal Health’s most recent acquisition of Advanced Diabetes Supply (ADS).

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Source: https://www.prnewswire.com/news-releases/cardinal-health-expands-home-care-business-with-two-tuck-in-acquisitions-302829980.html

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