Webcvs health will acquire oak street health’s outstanding shares for $39 per share in cash, representing an enterprise value of approximately $10. 6 billion.

Webcvs finally makes primary care play, scooping up oak street health in $10. 6b deal.

Webcvs will pay $39 for each oak street share in cash and will fund the deal through available resources and existing financing capacity, while committing to retaining its current credit.

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Rumors swirled last month at the j. p.

Morgan healthcare conference that.

Webcvs sees significant opportunity in the combination to address healthcare costs and keep patients healthy, especially in areas that have been underserved, as.

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