Cencora and Covetrus Agree to Merge MWI Animal Health into Combined Company

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Cencora and Covetrus Agree to Merge MWI Animal Health into Combined Company

Cencora and Covetrus entered into a definitive agreement to merge Covetrus with Cencora’s MWI Animal Health unit, creating a combined animal health platform spanning distribution and tech-enabled veterinary solutions. The deal values MWI at an enterprise value of $3.5 billion; upon closing, Cencora is to receive $1.25 billion in cash, $800 million of preferred equity and $1.45 billion in common equity, leaving it with a 34.3% non-controlling common equity stake in the combined company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cencora Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260217754087) on February 18, 2026, and is solely responsible for the information contained therein.

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The deal values MWI at an enterprise value of $3.5 billion; upon closing, Cencora is to receive $1.25 billion in cash, $800 million of preferred equity and $1.45 billion in common equity, leaving it with a 34.3% non-controlling common equity stake in the combined company.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cencora Inc. published the original content used to generate this news brief via Business Wire (Ref. 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