FTC takes closer look at Cencora-Covetrus animal health merger, Bloomberg News reports
COR•Cencora’s planned divestiture
Cencora in February said it would sell MWI Animal Health to Covetrus, as Cencora has been sharpening its focus on drug distribution, planning to divest non-core businesses.
Potential impact on products and software
The requests seek details on how the deal would impact the availability of veterinary products as well as practice-management software, which clinics use to keep track of patient records, prescriptions and payments, according to the report.
FTC reviews proposed veterinary products deal
The U.S. Federal Trade Commission is taking a closer look at a proposed $3.5 billion acquisition that would combine two of the leading national suppliers of veterinary products, Cencora's MWI Animal Health and privately held Covetrus, Bloomberg News reported on Tuesday.
The antitrust agency sent information demands last month to customers and rivals of Covetrus Inc and MWI Animal Health, Bloomberg reported, citing people familiar with the matter.
