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CVS Health near deal to acquire Oak Street Health for $10.5B, WSJ says

CVS Health (CVS) is near an agreement to acquire Oak Street Health (OSH) for approximately $10.5B including debt, a deal that would rapidly expand the company’s footprint of primary-care doctors with a large network of senior-focused clinics, The Wall Street Journal’s Anna Wilde Mathews, Lauren Thomas, and Laura Cooper report, citing people with knowledge of the matter. The companies are discussing a price of about $39 a share, the people said. The deal, if it goes through, could be announced as soon as this week, they said. Reference Link

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