Option Care to buy homecare service provider Amedisys in $3.6 bln deal (updated)

Option Care Health

03/05/2023 21:53

(Adds deal details)
       May 3 (Reuters) - Homecare services provider Option Care
Health Inc  OPCH.O  said on Wednesday it is acquiring Amedisys
Inc  AMED.O  in an all-stock deal valued at $3.6 billion,
including debt.
    The deal values Amedisys at $97.38 per share, which
represents a ~26% premium over the stock's close on May 2.
        Upon closing, Option Care stockholders will own about
64.5% of the combined company and Amedisys stockholders will own
the rest.
  

 (Reporting by Aditya Samal; Editing by Maju Samuel)
 ((Aditya.Samal@thomsonreuters.com;))