Cencora Agrees to Acquire American Oncology Network at $2.4 Billion Enterprise Value

Cencora agreed to acquire American Oncology Network in a transaction with a $2.4 billion enterprise value, a move that would broaden the company’s physician-led oncology presence across 12 additional states. The agreement is dated Oct. 20, and Cencora announced it Oct. 21. American Oncology Network (AON) has more than 350 oncology providers across 21 states. The expansion would add to Cencora’s physician-led oncology managed-services organization, or MSO, platform. The $2.4 billion enterprise value consists of $2.3 billion at closing and contingent value rights (CVRs) worth up to $100 million.

Source: TokenPost