---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-255062"
form_type: "8-K"
ticker: "CAH"
cik: "0000721371"
company_name: "CARDINAL HEALTH INC"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:27:24.517231+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-255062
- form_type: 8-K
- ticker: CAH
- cik: 0000721371
- company_name: CARDINAL HEALTH INC
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/721371/000119312524255062/0001193125-24-255062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/721371/000119312524255062/d894226d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-255062
- JSON: https://secwatch.observer/filing/0001193125-24-255062.json
- Plain text: https://secwatch.observer/filing/0001193125-24-255062.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.