CVS Caremark to buy Blackstone-backed Apria’s infusion business for $2.1 bln

CVS Caremark Corp said it was buying Coram LLC, Apria Healthcare Group Inc’s specialty infusion services and enteral nutrition business unit, for $2.1 billion, sister news service Reuters reported.

Apria is a portfolio company of private equity firm Blackstone Group LP.ap CVS, which operates the No. 2 U.S. drugstore chain and the second-largest pharmacy benefits management (PBM) business, said Coram’s infusion operations will help it provide cost-effective services to ...

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