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Stock impact report

Cencora to take majority control of OneOncology to expand cancer services [Yahoo! Finance]

Cencora, Inc. (COR) 
Last cencora, inc. earnings: 4/30 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.coresite.com/investor-overview
Company Research Source: Yahoo! Finance
values ?the business at $7.4 billion, as it moves to expand services for community oncology practices. Cencora, which already owns a stake ?in OneOncology, will ?buy most of the remaining shares from investment firm TPG ?and other holders for about $3.6 billion in cash and pay off $1.3 billion of OneOncology's ?debt, for total cash consideration of ?about $5 billion. The transaction is expected to close by the end of Cencora's second quarter of fiscal 2026. Cencora plans to fund the purchase with new ?debt. Cencora maintained its fiscal ?2026 earnings forecast but ?said that because it is halting share buybacks ahead of the ?deal, earnings ?are now more likely to come in at the lower half of ?its prior range of $17.45 to $17.75 per share. (Reporting ?by Padmanabhan Ananthan in Bengaluru; Editing ?by Mrigank Dhaniwala) Show less Read more
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