Cardinal Health Spin Off 2024. Cardinal health will purchase its majority stake for approximately $2.8 billion in cash, which will represent 71% ownership. The form 10 filing outlines cardinal health’s plan to spin off at least 80 percent of the outstanding common stock of carefusion through a pro rata distribution to cardinal.
Effective january 1, 2024, the company began operating under an updated enterprise operating and segment reporting structure, which includes two reportable segments pharmaceutical and. Cardinal health will purchase its majority stake for approximately $2.8 billion in cash, which will represent 71% ownership.