Owens & Minor(US:OMI) Businesswire·2025-12-31 21:05Core Viewpoint - The completion of the sale of the Products & Healthcare Services (P&HS) segment marks a strategic transformation for Owens & Minor, which is now rebranded as Accendra Health, focusing on home-based care solutions [2][4]. Group 1: Company Transformation - The sale of the P&HS segment to Platinum Equity for $375 million in cash allows the company to concentrate on becoming a leading home-based care platform [4]. - The company aims to support patients with chronic conditions by providing necessary resources for home-based care, enhancing its focus and resilience [2][3]. Group 2: Future Strategy - Accendra Health will focus on its Apria and Byram brands, aligning capital deployment and corporate strategy to foster durable growth and long-term value creation [3]. - The company retains a 5% equity stake in the P&HS segment and preserves tax attributes exceeding $150 million, which may benefit future financial performance [4].