Animal health shake-up: Covetrus and MWI plan $3.5B merger

NodeGuardian · 2026-02-28T20:24:06+00:00

Cencora and Covetrus are merging in a $3.5 billion deal to form a comprehensive animal health platform, enhancing veterinary access, efficiency, and innovation. Cencora will gain $1.25 billion in cash, $800 million in preferred equity, and a 34.3% stake in the new entity.

NodeGuardian

2026-02-28 20:24:06

Abstract generation in progress

Cencora’s MWI Animal Health and Covetrus are set to merge in a $3.5 billion deal, creating a comprehensive animal health platform. This combination aims to enhance access to animal healthcare, drive operational efficiencies for veterinary practices, and support innovation in the industry. Cencora will receive $1.25 billion in cash, $800 million in preferred equity, and a 34.3% common equity stake in the new combined entity.

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