Cencora Agrees To Acquire Remaining Stake In American Oncology Network For $2.4B

Cencora, Inc. (NYSE: COR) has signed a definitive agreement to acquire the remaining equity interests in American Oncology Network, Inc. (AON) for an enterprise value of $2.4 billion. Currently holding about 4% of AON, Cencora will pay approximately $1.7 billion at closing, assuming certain stockholders participate in an equity rollover of up to 25%. The total transaction includes $2.3 billion at closing and contingent value rights of up to $100 million.