secwatch.observer — SEC 8-K summary
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Issuer:     ACCENDRA HEALTH INC/VA/ (ACH)
CIK:        0000075252
Form:       8-K
Filed at:   2025-12-31T23:59:59+00:00
Accession:  0001193125-25-338325
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 2.01, 2.03, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Owens & Minor completes $375M sale of P&HS segment to Platinum Equity; will rename to Accendra Health
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- Sale closed for $375M cash, plus 5% retained equity and preserved tax attributes >$150M.
- Company renamed Accendra Health, Inc.; new ticker ACH starts Jan 2, 2026.
- EVP Andrew G. Long (CEO P&HS) and CAO Michael W. Lowry depart; CFO Jonathan Leon assumes principal accounting officer.
- Entered $150M receivables sale program with PNC; proceeds for general corporate purposes.
- Former credit facilities and indentures partially released for sold entities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/75252/000119312525338325/0001193125-25-338325-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75252/000119312525338325/d36369d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-338325

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer