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OMI Reshapes Portfolio With $375 Million Sale to Platinum Equity
ZACKSยท 2025-10-10 13:46
Key Takeaways OMI to divest Products & Healthcare Services segment to Platinum Equity for $375M.OMI streamlines portfolio to focus solely on higher-margin, faster-growing home-based care market.OMI gains cash proceeds, retains tax assets and 5% equity stake for long-term value creation.Owens & Minor (OMI) recently signed a definitive agreement to sell its Products & Healthcare Services ("P&HS") segment to Platinum Equity for $375 million in cash, while retaining a 5% equity stake.The move positions the comp ...