Cardinal Health to buy Solaris Health for $1.9 billion
1. Cardinal Health plans to acquire Solaris Health for $1.9 billion. 2. This acquisition may expand Cardinal Health's market reach and operational capacity.
FAQ
Why Bullish?
Acquisitions often enhance market share and operational efficiencies. For example, when Cardinal Health acquired naviHealth in 2019, it aimed to strengthen its post-acute care services, leading to operational synergies and stock appreciation.
How important is it?
The acquisition of Solaris Health could significantly enhance Cardinal Health's service offerings and competitive landscape, impacting future revenue positively.
Why Long Term?
The benefits of acquisitions typically unfold over several quarters. Past acquisitions have taken time to demonstrate their full potential in revenue and market impact, suggesting a more gradual positive shift for CAH's price.