04:02 PM EDT, 08/23/2024 (MT Newswires) -- McKesson (MCK) is in advanced discussions to acquire a controlling stake in private oncology clinic operator Florida Cancer Specialists & Research Institute, Bloomberg reported Friday, citing people familiar with the situation.

McKesson is expected to pay around $3.5 billion for the stake, with a possible announcement in the coming weeks, though the advanced talks could still face delays or fall through, the sources told Bloomberg.

Representatives for McKesson and Florida Cancer Specialists didn't respond to Bloomberg's comment requests.

Neither company immediately responded to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 552.15, Change: +0.15, Percent Change: +0.03