Cardinal to buy private generic drug distributor for $1.12 billion

Friday, June 05, 2015

Cardinal Health Inc (CAH.N) said it would buy privately held drug distributor Harvard Drug Group for $1.12 billion.

Cardinal said it expects the deal to add more than 15 cents per share to adjusted earnings from continuing operations in 2016 and 17 cents per share in 2017.

 

in.reuters.com