CVS Says Sale Of Omicare Assets Probable In Q4 2026
Benzinga Newsdesk 23 hours ago
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As of September 30, 2026, the Company determined that the sale of Omnicare’s assets is probable of occurring in the fourth quarter of 2026, and accordingly recorded an estimated contingent guarantee liability of $193
As of September 30, 2026, the Company determined that the sale of Omnicare’s assets is probable of occurring in the fourth quarter of 2026, and accordingly recorded an estimated contingent guarantee liability of $193 million during the three and nine months ended September 30, 2026. The liability reflects the Company’s estimated obligation to ensure that the DOJ receives a minimum of $440 million from Omnicare and CVS Health Corporation in accordance with the agreements.