AmerisourceBergen, TPG to acquire specialty practice network OneOncology in $2.1B deal. Our 42,000 global team members power our purpose: We are united in our responsibility to create healthier futures. The portfolio includes - but isn't limited to - World Courier, which manages specialty logistics for global clinical trials, ICS, a third-party specialty logistics . We deliver distribution, technology and innovation for veterinarians, livestock producers and manufacturers to make a meaningful difference in their businesses and the health of animals. The tender offer is conditioned on MWIs stockholders Centerview Partners is serving as financial advisor and Cleary Gottlieb Steen & Hamilton LLP and Baker McKenzie LLP are serving as legal advisors to Walgreens Boots Alliance. With nearly $120 billion in annual revenue, AmerisourceBergens largest acquisition to date was in 2001, when it acquired Bergen Brunswig for $4.1B. By harvesting the overfill, ABC was able to create more doses than it bought from the original vial manufacturers and avoid opening some of the vials. 50M+ Bennett S. Murphy The acquisition of Alliance Healthcare expands our reach and solutions in pharmaceutical distribution and adds to AmerisourceBergens breadth and depth of global manufacturer services. We are proud of what our employees say about us. A legacy of execution excellence, strategic corporate stewardship, and shareholder value creation, AmerisourceBergen is a global healthcare solutions leader driving innovative partnerships with global manufacturers, providers and pharmacies to improve product access and efficiency throughout the healthcare supply chain, In 2023, we intend to evolve our global brand and corporate identity to become Cencora. Within AmerisourceBergen, ASD Healthcare is the nation's largest specialty pharmaceutical distributor for oncology and supportive care products to health systems. Reasons to Retain AmerisourceBergen (ABC) in Your Portfolio AmerisourceBergen, Im confident MWI will continue to lead our industry in [20], AmerisourceBergen is among several distributors that have been sued by West Virginian governments for contributing to the Opioid epidemic, by shipping inordinate amounts of pain medication into the state. The Company does not provide a reconciliation for this non-GAAP financial measure on a forward-looking basis to the most comparable GAAP financial measure on a forward-looking basis because it is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort due to the uncertainty and potential variability of reconciling items, which are dependent on future events, are out of the Companys control and/or cannot be reasonably predicted, and the probable significance of which cannot be determined. Additionally, the new AmerisourceBergen (ABC) wants pharmaceutical manufacturers to see its broad commercialization portfolio as an integrated, scalable, and customizable suite of services that can boost cost efficiencies, quality and value. with the many uncertainties that affect the respective businesses of After submitting your request, you will receive an activation email to the requested email address. The non-GAAP financial measures should be viewed in addition to, and not in lieu of, financial measures calculated in accordance with GAAP. Why ICS | ICS as financial advisor, and Dechert LLP provided legal advice to MWI. With Alliance Healthcare, we will advance our ability to provide innovative and global healthcare solutions and further our purpose of being united in our responsibility to create healthier futures. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. In March 2016 Walgreens Boots Alliance Inc. announced it would exercise an option to purchase 22.7 million shares of AmerisourceBergen stock and thereby control 15% of the company.[10]. Welcome to the ICS MyPortal, the one-stop portal to all your data needs. receive new, life-saving treatments as soon as possible. AmerisourceBergen has updated its fiscal year 2021 financial guidance to reflect the expected contribution from the closing of the Alliance Healthcare acquisition and the weighted average share count impact of the 2 million shares of AmerisourceBergen common stock that the Company delivered at closing of the transaction. You must click the activation link in order to complete your subscription. We are excited to complete the acquisition and extend a warm welcome to the talented team at Alliance Healthcare, said Steven H. Collis, Chairman, President and Chief Executive Officer of AmerisourceBergen. journey. Please refer to the Supplemental Information Regarding Non-GAAP Financial Measures below.
