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Cencora to Acquire Retina Consultants of America for $4.6 Billion in Cash
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Cencora to Acquire Retina Consultants of America for $4.6 Billion in Cash
Nov 6, 2024 5:29 AM

07:51 AM EST, 11/06/2024 (MT Newswires) -- Cencora ( COR ) said Wednesday it has agreed to acquire Retina Consultants of America for $4.6 billion in cash from Webster Equity Partners.

Upon closing the deal, Cencora ( COR ) said it would hold about 85% ownership in Retina Consultants, a management services organization of retina specialists.

Retina Consultants' affiliated practices, physicians and management will continue to hold a minority interest, Cencora ( COR ) added.

Cencora ( COR ) shares were almost 2% up in recent premarket activity.

Price: 238.55, Change: +4.56, Percent Change: +1.95

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