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New Deal


Announced

Cardinal Health to acquire Specialty Networks for $1.2bn.

Financials

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Transaction Value£945m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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urology

Medical Services

United States

Digital Services

Acquisition

Friendly

Domestic

Majority

Private

Pending

Single Bidder

Synopsis

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Cardinal Health, a multinational health care services company, agreed to acquire Specialty Networks, a technology-enabled multi-specialty group purchasing and practice enhancement organization, for $1.2bn. "Expanding in specialty is a top priority for us and we have been investing to expand our offering. The acquisition of Specialty Networks enhances our specialty strategy by providing new capabilities that strengthen the link between our downstream and upstream services, enabling us to create value for customers, manufacturer partners and patients," Jason Hollar, Cardinal Health CEO.

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