m_and_a
confidence high
sentiment neutral
materiality 0.80
Cencora merges MWI Animal Health with Covetrus in $3.5B deal; receives cash, preferred and common equity
Cencora, Inc.
- MWI valued at $3.5B enterprise value; Cencora gets $1.25B cash, $800M preferred units, $1.45B common units.
- Cencora will hold a non-controlling 34.3% common equity stake in the combined company post-closing.
- Transaction subject to regulatory approvals and customary closing conditions; no set closing date.
- Cencora reaffirms fiscal 2026 guidance; deal not currently expected to close in FY2026 ending Sep 30, 2026.
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