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Holland & Knight says it advised Cencora on its $2.4 billion AON acquisition agreement
Holland & Knight said it represented Cencora in a definitive agreement to acquire American Oncology Network at a $2.4 billion enterprise value. The firm said the consideration comprises $2.3 billion at closing and contingent value rights of up to $100 million, payable if specified conditions are met.
Key points
- The firm said AON includes more than 350 oncology providers across 21 states.Holland & Knight
- Holland & Knight said clinical decisions will remain with AON’s physicians.Holland & Knight
- The firm said Colby Smith, Emily Hantverk and Jennifer Rangel led its representation.Holland & Knight
- Holland & Knight said the transaction was announced October 21.Holland & Knight