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Cardinal Health ( (CAH) ) has provided an update.
Cardinal Health has successfully raised $2.9 billion through the issuance of various notes, with proceeds intended to fund acquisitions, including GI Alliance Holdings and Advanced Diabetes Supply Group. The notes come with a potential mandatory redemption clause if certain acquisitions are not completed, ensuring investor protection. This strategic move illustrates Cardinal Health’s commitment to growth and expansion in the healthcare sector.
Find detailed analytics on CAH stock on TipRanks’ Stock Analysis page.
