CVS Health Acquires Oak Street Health
February 8, 2023
CVS Health will acquire Oak Street Health in an all-cash transaction valued at approximately $10.6 billion, paying $39 per share. The deal brings Oak Street's value-based primary care platform and technology into CVS's Health Care Delivery organization to expand CVS's value-based care capabilities and reach among Medicare and underserved populations.
- Buyers
- CVS Health
- Targets
- Oak Street Health
- Sellers
- Private equity funds affiliated with Newlight Partners LP, General Atlantic LLC, Certain members of Oak Street Health's Board of Directors
- Industry
- Healthcare Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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