M&A
confidence high
sentiment positive
materiality 0.95
Oracle to acquire Cerner for $28.3B ($95/sh); accretive to non-GAAP EPS in FY23
ORACLE CORP
- All-cash tender offer at $95.00 per share, equity value ~$28.3B.
- Expected to close in calendar 2022, subject to regulatory and tender conditions.
- Accretive to Oracle's non-GAAP EPS in first full fiscal year after closing.
- Cerner to operate as a dedicated Industry Business Unit within Oracle.
- Oracle intends to retain an investment grade credit rating post-deal.