Owens & Minor Signs Definitive Agreement To Acquire Rotech Healthcare For $1.36B In Cash
Portfolio Pulse from Benzinga Newsdesk
Owens & Minor has signed a definitive agreement to acquire Rotech Healthcare for $1.36 billion in cash. This acquisition is expected to expand Owens & Minor's product offerings and market reach.
July 23, 2024 | 10:31 am
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Owens & Minor has signed a definitive agreement to acquire Rotech Healthcare for $1.36 billion in cash. This acquisition is expected to expand Owens & Minor's product offerings and market reach.
The acquisition of Rotech Healthcare by Owens & Minor is a significant move that will likely enhance OMI's market position and product portfolio. The $1.36 billion cash deal indicates a strong commitment to growth and expansion, which is generally viewed positively by investors.
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