Onyx Bidco LLC to acquire Option Care Health, Inc.

Onyx Bidco LLC has agreed to acquire Option Care Health, Inc. in a cash transaction. The deal, announced on 5 October 2026, involves the US-based buyer purchasing the US-based healthcare company. As a going-private transaction, the acquisition will remove Option Care Health from public markets. The consideration is structured entirely in cash, though the specific headline offer value has not been reported in the available data. Both the buyer and the target are domiciled in the United States, indicating a domestic corporate restructuring within the healthcare sector. The transaction represents a firm intention to proceed, with no completion date currently established. This move allows the new ownership structure to operate without the constraints of public listing requirements. The healthcare industry context remains central to the deal’s classification. No regulatory hurdles or additional conditions have been detailed in the initial announcement. The parties have confirmed their commitment to the agreed terms. Further details regarding the finalisation timeline remain pending. The transaction is subject to standard closing conditions and regulatory approval.