Cardinal Health to Acquire Solaris Health, Expanding Specialty Alliance with $1.9 Billion Investment
Cardinal Health Inc. has announced the acquisition of Solaris Health, further advancing its multi-specialty growth strategy. The transaction, expected to close by the end of 2025, will see Cardinal Health owning approximately 75% of The Specialty Alliance. The acquisition will be financed through a combination of cash on hand and new debt financing. Cardinal Health plans to integrate Solaris Health into The Specialty Alliance, enhancing its reach within the Urology Alliance. The deal is anticipated to be slightly accretive to non-GAAP earnings per share within the first year following completion. Financial and legal advisory support for the transaction was provided by Goldman Sachs, Skadden, Arps, Slate, Meagher & Flom LLP, and Katten Muchin Rosenman LLP, with Centerview Partners and McDermott, Will & Emery advising Solaris Health.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cardinal Health Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL49400) on August 12, 2025, and is solely responsible for the information contained therein.
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