Two Major US Animal Health Companies, Covetrus and MWI Animal Health, Announce $3.5B Merger

Covetrus and MWI Animal Health have reached an agreement to form a combined company that bosses claim will offer a “comprehensive animal health platform”.

The deal announced in the US this week (18 February) values MWI at US$3.5 billion with its present owners, Cencora, set to receive US$1.25 billion in cash proceeds, with the remainder as equity, when the transaction is completed.

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