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InsideArbitrage Potential Deal Alert: CVS Health (CVS) in talks to buy Oak Street Health (OSH)

  • January 10, 2023

POTENTIAL DEAL DETAILS

StockOak Street Health, Inc.SymbolOSH
Date Announced01/09/2023Source Bloomberg
TypeNews Report
Date of Confirmation: 02/08/2023Price at Confirmation: $33.68
Potential Profit: 17.07%Annualized Profit: 207.64%

CVS Health Corp. (CVS) is exploring an acquisition of Oak Street Health Inc. (OSH), which runs primary care centers for Medicare recipients, according to people familiar with the matter.

Update(s):

February 7, 2023: CVS Health Corp (CVS) is close to an agreement to buy primary care center operator Oak Street Health Inc (OSH for about $10.5 billion including debt, the Wall Street Journal reported

 

 

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.