IMS Health Inc. (RX) announced Thursday morning that it agreed to be acquired by investment funds managed by TPG Capital and the CPP Investment Board. The transaction has a total value of $5.2 billion, including the assumption of debt.
IMS Health gapped up sharply Thursday and has climbed further in the last few minutes on strong volume. Shares are now up 4.09 at $20.90. The stock has risen above a 2 1/2 week range and has set a new high for the year.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.