India, Aug. 12 -- Shares of Cardinal Health, Inc. were losing around 6% in the pre-market activity on Tuesday after the company's fourth-quarter top line missed the market view, even as profit beat the Street. In addition, the health care service provider raised its fiscal 2026 outlook, also above market estimates.

Separately, Cardinal Health announced that its multi-specialty management services organization or MSO platform, the Specialty Alliance, has agreed to acquire Solaris Health, a urology MSO, from Lee Equity Partners and Solaris Health physician owners.

Cardinal Health will provide around $1.9 billion in cash to the Specialty Alliance to complete the acquisition and will own around 75 percent of the Specialty Alliance after its a...