Cardinal Health expands gastroenterology, diabetes businesses with two deals worth $3.9 bln
Drug distributor Cardinal Health said on Monday it will take a majority stake in gastroenterology care platform GI Alliance (GIA) and buy diabetes medicine provider Advanced Diabetes Supply Group (ADSG) in two deals worth about $3.
Court Square to sell Advanced Diabetes Supply Group to Cardinal Health
Court Square Capital Partners has agreed to sell Advanced Diabetes Supply Group, a Carlsbad, California-based distributor of durable medical equipment specializing in diabetes supplies, to Cardinal Health. No financial terms were disclosed. Court Square originally acquired ADSG in December 2020.
Cardinal Health to pay $3.9 billion for two acquisitions
Dublin-based wholesale drug distribution and medical supplies company Cardinal Health is spending $3.9 billion on two acquisitions.
Cardinal Health buys GI Alliance and Advanced Diabetes Supply Group for about $3.9 billion
Cardinal Health said on Monday it acquired majority stakes in GI Alliance and Advanced Diabetes Supply Group (ADSG) for about $2.8 billion and $1.1 billion each in an all cash deal. GIA will operate as a platform within Cardinal Health's Pharmaceutical and Specialty Solutions segment,
Cardinal Health to acquire two more specialty companies
The healthcare products and services company plans to acquire Advanced Diabetes Supply Group and a majority stake in GI Alliance by early 2025.
Healthcare Dive17h
Cardinal Health inks 2 acquisitions worth $3.9B
The company will acquire a 71% stake in gastroenterology practice management group GI Alliance for about $2.8 billion, ...
Court Square Capital Partners Announces Sale of Advanced Diabetes Supply Group
Court Square Capital Partners ("Court Square"), a leading middle-market private equity company, announced today it has entered a definitive agreement in the sale of Advanced Diabetes Supply® Group ...
The Business Journals1d
Cardinal Health stock hits record high after announcing 2 acquisitions
After three years, Cardinal will have the right to purchase the rest. Advanced Diabetes Supply Group: $1.1 billion ...
Fierce Healthcare2d
Cardinal Health inks two deals worth $3.9B to expand diabetes, gastroenterology businesses
Cardinal Health plans to buy two companies that will expand its diabetes and gastroenterology businesses as part of an ...
Cardinal Health announces two strategic additions to its portfolio
Cardinal Health (NYSE: CAH) announced today that it has entered into definitive agreements to acquire two companies that ...
Seeking Alpha2d
Cardinal Health announces two strategic acquisitions worth total $3.9B
It will also buy the Advanced Diabetes Supply Group (ADSG), a diabetic medical supplies providers, for ~$1.1B in cash ...
Becker's Hospital Review1d
Cardinal Health to buy GI Alliance, diabetes supply company for $3.9B
Cardinal Health has agreed to acquire a majority stake in GI Alliance, a gastroenterology management services organization, and Advanced Diabetes Supply Group for a combined total of $3.9 ...
Cardinal Health expands gastroenterology, diabetes businesses with two deals worth $3.9 billion
(Reuters) -Drug distributor Cardinal Health said on Monday it will take a majority stake in gastroenterology care platform GI ...