Cencora rises on $4.6 bln deal to buy Retina Consultants of America, Q4 profit beat

Healios KK

06/11/2024 15:37

** Shares of drug distributor Cencora  COR.N  rise 4% to
$243.60 
    ** Co says it will buy Retina Consultants of America (RCA)
from private-equity firm Webster Equity Partners for $4.6
billion
    ** RCA deal will add nearly 300 retina specialists to
Cencora's portfolio of physician management services
    ** Co's Q4 adj. profit of $3.34/shr beats analysts' average
estimate of $3.22/shr - LSEG data
    ** Including session's moves, stock up 17.7% YTD

 (Reporting by Christy Santhosh)
 ((Christy.Santhosh@thomsonreuters.com))