Cencora to Buy American Oncology Network for $2.4B

Drug distributor Cencora agreed to buy American Oncology Network in a deal valued at up to $2.4 billion. The acquisition expands its presence in outpatient cancer care. Cencora also raised its annual profit forecast.

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Medicines are seen in this illustration taken, June 27, 2024. REUTERS/Dado Ruvic/Illustration

Cencora will acquire American Oncology Network in a $2.4 billion transaction, expanding its outpatient cancer care footprint across the United States.

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