Cencora Inc

COR: XNYS (USA)

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Cencora: Doubles Down on Oncology With AON Acquisition; Fair Value Estimate Maintained

Keonhee Kim

Oct 21, 2026

Cencora announced the acquisition of American Oncology Network. It currently holds 4% of equity interest in AON, and the deal values the target at $2.4 billion. AON shareholders could participate in an equity rollover, in which case Cencora will pay $1.7 billion for 71% of AON.

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Cencora Inc

Cencora: Doubles Down on Oncology With AON Acquisition; Fair Value Estimate Maintained

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