Option Care jumps on $5 B buyout talks, Constellation signs $4.3 B nuclear pact with Google, Nike downgraded
Option Care Health shares surged about 24% after reports that McKesson and private‑equity firm Clayton Dubilier & Rice are in advanced talks for a buyout valued at more than $5 billion, including debt. Constellation Energy rose over 3% as Google announced a long‑term nuclear power partnership involving more than $4.3 billion of new investment and up to 890 MW of capacity. Nike fell roughly 1.3% after Berenberg cut its price target to $27.50 and downgraded the stock to Sell.
Why it matters
The reported buyout could reshape Option Care’s ownership and trigger a premium for shareholders, while the Google‑Constellation deal may boost Constellation’s revenue outlook through new nuclear projects. Berenberg’s downgrade signals potential earnings pressure for Nike, which could affect its valuation.
Key facts
- 1Option Care Health shares jumped about 24% in pre‑market trading. finance.yahoo.com
- 2The buyout talks involve McKesson and Clayton Dubilier & Rice and are valued at more than $5 billion, including debt. finance.yahoo.com
- 3Under the proposed structure, CD&R would own 51% and McKesson 49% of Option Care. finance.yahoo.com
- 4Constellation Energy rose more than 3% after announcing a long‑term nuclear partnership with Google. finance.yahoo.com
- 5The partnership includes a 20‑year agreement for Google to support 890 MW of new nuclear capacity and involves more than $4.3 billion of new investment by Constellation. finance.yahoo.com
- 6Nike fell about 1.3% after Berenberg downgraded the stock to Sell and lowered the price target to $27.50 from $49. finance.yahoo.com
Open questions
- Google deal value is described as "at least $1 billion" in one passage and "more than $4.3 billion" in another, creating a conflict.
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.