Clayton, Dubilier & Rice (CD&R) and McKesson Corporation have entered into a definitive agreement to acquire Option Care Health, an independent provider of home and alternate site infusion services, for $32.05 per share in cash. The transaction values the target at approximately $5.8 billion in total enterprise value. CD&R will hold a majority ownership interest of approximately 51%, while McKesson will invest roughly $1.4 billion to acquire a minority stake of 49%. Option Care Health will remain an independent, privately held company led by its existing management team following the expected close in the first half of calendar year 2027, subject to customary closing conditions including stockholder approval and regulatory clearances. McKesson Corporation is a diversified healthcare services leader dedicated to advancing health outcomes for patients everywhere.
