McKesson, Cencora and Cardinal Circle Florida Cancer Chain (1)

July 17, 2024, 9:40 PM UTC

Several publicly traded drug distributors are vying to buy Florida Cancer Specialists & Research Institute, a privately held operator of oncology clinics, people familiar with the matter said.

McKesson Corp., Cencora Inc. and Cardinal Health Inc. are among firms that have offered to acquire the company, according to the people.

Florida Cancer Specialists may be valued at more than $3 billion in a deal, the people said, asking not to be identified because the matter is private. The company has been working with a financial adviser as it fields interest and explores a possible sale, they said.

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