Anthony Vernace~~Michael Chao~~Jeannine McSweeney~~Peter Guryan~~Maxime Fischer-Zernin~~Daniel Kay~~Catherine Burns~~Edgar Lewandowski~~Jonathan Goldstein~~Ruoxi Zhang~~Lori Lesser~~Vanessa Burrows~~Krista McManus~~Dennis Loiacono~~Charles Mathes
January 23, 2026
Apria to be Acquired by Owens & Minor

1 min
AI-made summary
- Apria, Inc
- has agreed to be acquired by Owens & Minor, Inc
- for $37.50 per share in cash, valuing Apria's equity at approximately $1.45 billion and the total transaction, including debt and cash, at about $1.6 billion
- The acquisition is subject to customary closing conditions, including approval by Apria’s stockholders, and is expected to close in the first half of 2022
- Simpson Thacher is advising Apria on the transaction.
The Firm is representing Apria, Inc. (Nasdaq: APR) (“Apria”), in connection with Apria’s proposed acquisition by Owens & Minor, Inc. (NYSE: OMI) (“Owens & Minor”), for $37.50 in cash per share, representing an equity value of approximately $1.45 billion, as well as the assumption of debt and cash for a total transaction value of approximately $1.6 billion. The transaction is subject to customary closing conditions, including the approval of Apria’s stockholders, and is expected to close during the first half of 2022.~~Apria is a provider of integrated home healthcare equipment and related services in the United States. Owens & Minor is a global healthcare solutions company that incorporates product manufacturing, distribution support and innovative technology services to deliver significant and sustained value across the breadth of the industry – from acute care to patients in their home.~~The Simpson Thacher team includes Anthony Vernace, Michael Chao, Austin Uhm, Beini Chen and Kevin Perron (M&A); Jeannine McSweeney (Executive Compensation and Employee Benefits); Peter Guryan and Max Fischer-Zernin (Antitrust); Daniel Kay and Catherine Burns (Credit); Edgar Lewandowski (Capital Markets); Jonathan Goldstein and Ruoxi Zhang (Tax); Lori Lesser (Intellectual Property); Vanessa Burrows (Healthcare); Krista McManus, Dennis Loiacono and Stephanie Brenner (Real Estate); and Charles Mathes (Public Company Advisory).
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Anthony Vernace~~Michael Chao~~Jeannine McSweeney~~Peter Guryan~~Maxime Fischer-Zernin~~Daniel Kay~~Catherine Burns~~Edgar Lewandowski~~Jonathan Goldstein~~Ruoxi Zhang~~Lori Lesser~~Vanessa Burrows~~Krista McManus~~Dennis Loiacono~~Charles Mathes
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