GI Alliance to Partner with Cardinal Health Creating a Scaled Multi-Specialty Managed-Services Platform to Benefit Physicians and Patients

Group 1 - GI Alliance (GIA) has entered into a definitive agreement with Cardinal Health to acquire a majority stake in GIA, valuing the company at $3.9 billion [1] - The partnership aims to create a physician-led, national specialty healthcare platform focused on high-quality specialty care for patients [2] - GIA partners with over 900 physicians across more than 345 locations in 20 states, providing a complete continuum of gastroenterology care [2][5] Group 2 - Cardinal Health's CEO emphasized the importance of reinforcing and expanding their Specialty business through this acquisition, combining GIA's expertise in gastroenterology with Cardinal Health's national scale [3] - The transaction is subject to customary closing conditions, including regulatory approvals [4] - GI Alliance is recognized as the leading physician-led network for gastrointestinal care in the U.S., supporting independent gastroenterologists [5]