- Cardinal Health to buy AdaptHealth’s Diabetes Health unit for $235M and Strive Medical in deals totaling ~$360M; Diabetes serves 225k patients, Strive 20k; transactions need regulatory approvals.
- Cardinal Health (CAH) is buying Adapthealth business units for about $360 million in cash to expand its home care operations.
- UBS kept a Buy on Cardinal Health (CAH) and raised its price target from $260 to $274 per share — news relevant for traders tracking analyst-driven price outlooks.
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Key facts: CAH buys AdaptHealth Diabetes $235M, Strive; UBS lifts PT
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Cardinal Health to buy AdaptHealth’s Diabetes Health unit for $235M and Strive Medical in deals totaling ~$360M; Diabetes serves 225k patients, Strive 20k; transactions need regula