Bulletin: CVS Caremark Corp. Ratings Unaffected By Acquisition Of Coram LLC - S&P Global Ratings’ Credit Research

Bulletin: CVS Caremark Corp. Ratings Unaffected By Acquisition Of Coram LLC

Bulletin: CVS Caremark Corp. Ratings Unaffected By Acquisition Of Coram LLC - S&P Global Ratings’ Credit Research
Bulletin: CVS Caremark Corp. Ratings Unaffected By Acquisition Of Coram LLC
Published Nov 27, 2013
948 words — Published Nov 27, 2013
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Abstract:

NEW YORK (Standard&Poor's) Nov. 27, 2013--Standard&Poor's Ratings Services said today that its ratings on CVS Caremark Corp. (BBB+/Stable/A-2) are unaffected by the company's acquisition of Coram LLC. CVS announced that it has entered into an agreement to acquire Coram LLC for about $2.1 billion from Apria Healthcare Group Inc. Coram, the specialty infusion services and enteral nutrition unit of Apria, is expected to generate about $1.4 billion in revenues during the first 12 months following the close of the deal. After considering one time transaction and integration costs, this transaction is expected to have an immaterial impact on CVS' financial results in 2014. We believe the acquisition of Coram enhances CVS' position in the growing specialty

  
Brief Excerpt:

RESEARCH Bulletin: CVS Caremark Corp. Ratings Unaffected By Acquisition Of Coram LLC Publication date: 27-Nov-2013 Primary Credit Analyst: Ana Lai, CFA, New York (1) 212-438-6895; ana.lai@standardandpoors.com Secondary Contact: Mariola...

  
Report Type:

Bulletin

Ticker
Issuer
GICS
Health Care Services (35102015)
Sector
Global Issuers , Structured Finance
Country
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: CVS Caremark Corp. Ratings Unaffected By Acquisition Of Coram LLC" Nov 27, 2013. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-CVS-Caremark-Corp-Ratings-Unaffected-By-Acquisition-Of-Coram-LLC-1221875>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: CVS Caremark Corp. Ratings Unaffected By Acquisition Of Coram LLC Nov 27, 2013. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-CVS-Caremark-Corp-Ratings-Unaffected-By-Acquisition-Of-Coram-LLC-1221875>
  
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