09:31 AM EDT, 09/20/2024 (MT Newswires) -- Cardinal Health ( CAH ) said Friday it has entered into a definitive agreement to acquire Integrated Oncology Network for about $1.12 billion in cash.

Integrated Oncology Network consists of over 50 practice sites in 10 states representing over 100 providers, Cardinal Health ( CAH ) said.

The deal is subject to customary closing conditions, including regulatory approvals, and is expected to be accretive to non-GAAP earnings per share 12 months post-close, Cardinal Health ( CAH ) said.

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