Cardinal Health acquires 71% of GI Alliance for ~$2.8B and ADSG for ~$1.1B

CARDINAL HEALTH INC

Acquires 71% stake in GI Alliance (gastroenterology MSO) for ~$2.8B cash; remaining ~29% callable at fair value after 3 years.
Acquires Advanced Diabetes Supply Group for ~$1.1B cash to merge with at-Home Solutions segment.
Both deals expected to close early CY2025 and be accretive to revenue, segment profit, and non-GAAP EPS in first 12 months.
Bridge loan facility of up to $2.9B from Bank of America to fund acquisitions; company plans to delever over 18-24 months.
FY2025 share repurchase plans unchanged; Investor Day scheduled for June 12, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.