Cencora to Acquire American Oncology Network in Definitive Agreement
Cencora said it signed a definitive agreement to acquire AON, a physician-led network of more than 350 oncology providers across 21 states.
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11:30:55 AM UTC
SquawkNews
Cencora agreed to buy American Oncology Network for a $2.4B enterprise value, with $2.3B at closing and up to $100M in CVRs. If 25% equity is rolled, Cencora expects to pay about $1.7B for 75% ownership. Deal is expected to be EPS accretive in year two, subject to approvals.Material DetailsContext…
11:32:45 AM UTC
SquawkNews
Cencora Agreed to Acquire All Equity Interests in AON That It Does Not Currently Own >COR
11:37:20 AM UTC
SquawkNews
Cencora NYSE:COR said on Wednesday it would acquire American Oncology Network OTC:AONC in a deal valuing the community cancer care provider at up to $2.4 billion.
Cencora, Inc. (NYSE:COR) said it signed a definitive agreement to acquire American Oncology Network, Inc. (“AON”) (OTC:AONC), a physician-led network with more than 350 oncology providers across 21 states. “The acquisition of AON will expand Cencora’s physician-led oncology MSO and support of…