LH · 10-Q · 2026Q2 · Full report
Acquisition / Partnership / Divestiture
LABCORP HOLDINGS INC. · 2026-08-05 · Importance 47 · Surprise 60 · In source text
On June 28, 2026, Labcorp agreed to acquire select assets of an outreach laboratory services business for approximately $155.0 million. The transaction was expected to close in the third quarter of 2026, subject to customary closing conditions and regulatory approvals. Acquisitions net of divestitures contributed 1.2% of second-quarter revenue growth and 1.3% of six-month revenue growth. Acquisition activity also contributed 1.9% of second-quarter Dx growth and 2.0% of six-month Dx growth.
Key facts
- On June 28, 2026, the Company entered into an agreement to acquire select assets of an outreach laboratory services business for a purchase price of approximately $155.0, and the transaction is anticipated to close in the third quarter of 2026, subject to customary closing conditions and applicable regulatory approvals. source
- As the TSA between Fortrea and LCAH expired on June 30, 2025, there were no fees charged to Fortrea for the six months ended June 30, 2026, as compared to $3.8 in the corresponding period in 2025. source
- Net cash used for investing activities increased primarily due to increased business acquisitions and capital expenditures. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | +0.4% | On June 28, 2026, the Company entered into an agreement to acquire select assets of an outreach laboratory services business for a… |
| cash | negative | probable | -0.4% | On June 28, 2026, the Company entered into an agreement to acquire select assets of an outreach laboratory services business for a… |
| revenue | negative | realized | -0.1% | As the TSA between Fortrea and LCAH expired on June 30, 2025, there were no fees charged to Fortrea for the six months ended June 30,… |