TPG and AmerisourceBergen announced the completion of their acquisition of OneOncology, a network of oncology practices. The deal is valued at $2.1 billion.
TPG has acquired a majority interest in OneOncology, and AmerisourceBergen has acquired a minority interest for approximately $685 million in cash, which will represent approximately 35% ownership in the joint venture. OneOncology’s affiliated practices, physicians, and management team have also retained a minority interest in the company. Read more.
