IFLR1000

CVS Health $1.9 billion acquisition of Target's Pharamcy and Clinic business

15/6/2015
Private acquisition
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$ 1.9 billion

Completed

15/6/2015

Overview:

  • CVS Health acquired Target's Pharmacy and Clinic business from Target for $1.9 billion.
  • The acquisition included over 1,660 pharmacies across 47 states.
  • As a result of this transaction, new Target stores that have pharmacy services will include a CVS/ pharmacy. 

Rani Mehta - Journalist  

 

 

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Pharmaceuticals and life sciences

Firms:
Dorsey & Whitney

Party: Target Corporation (Seller)

Faegre Baker Daniels

Party: Target Corporation (Seller)

Fried Frank Harris Shriver & Jacobson

Party: CVS Health (Acquirer)

Lawyer: Steven Scheinfeld

Wachtell Lipton Rosen & Katz

Party: Target Corporation (Seller)

Lawyer: Steven Rosenblum

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