Cencora completes acquisition of Retina Consultants of America

Cencora (COR) completed its acquisition of Retina Consultants of America, or RCA, a management services organization of retina specialists. Cencora has acquired an interest in RCA of approximately 85%, with certain RCA physicians and members of the management team retaining a minority equity interest in the company. After giving effect to the equity rollover, a cash capitalization of RCA that Cencora has made, the payment of transaction fees and expenses and the repayment of debt, Cencora’s cash outlay at closing was $4.4B, which amount is subject to a customary post-closing purchase price adjustment.