From TokenPost · · 50s
Cencora Acquires American Oncology Network
Cencora agrees to buy American Oncology Network for $2.4 billion to expand its oncology services.
In brief
Cencora agrees to buy American Oncology Network for $2.4 billion to expand its oncology services. Cencora will acquire American Oncology Network for $2.4 billion enterprise value to broaden its physician-led oncology presence across 12 additional states. Originally reported by TokenPost.
Acquisition Deal
Cencora agreed to acquire American Oncology Network for $2.4 billion enterprise value, expanding its physician-led oncology presence across 12 additional states.
Transaction Details
The deal, dated Oct. 20, includes $2.3 billion at closing and up to $100 million in contingent value rights if conditions are met.
Ownership and Impact
Cencora holds 4% of AON initially; if stockholders roll over 25% equity, Cencora expects to own 75% and boost earnings per share by year two.
What to remember
Cencora will acquire American Oncology Network for $2.4 billion enterprise value to broaden its physician-led oncology presence across 12 additional states.
