Mergers & AcquisitionsMedium•6 October 2026•
1 min read
McKesson and CD&R to Acquire Option Care Health in $5.8 Billion Deal
Key Facts
1McKesson and Clayton, Dubilier & Rice agreed to take Option Care Health private for $32.05 per share in cash.
2The deal values Option Care Health at approximately $5.8 billion including debt, with closing expected in H1 2027.
3Jefferies Financial Group downgraded OPCH stock to Hold to align with the offer price.
McKesson and Clayton, Dubilier & Rice agreed to take Option Care Health private for $32.05 per share in cash. Financial Modeling Prep reported that the deal values the company at approximately $5.8 billion including debt, with the transaction expected to close in the first half of 2027 subject to regulatory and shareholder approvals.
OPCH closed at $31.00 on October 6, 2026, remaining slightly below the offer price, while MCK closed at $921.67 on the same date. Following the announcement, Jefferies Financial Group downgraded OPCH stock to Hold to align with the acquisition price; JEF closed at $44.96 on October 6, 2026.