Deals
McKesson In Talks for Stake in Florida Cancer Specialists
- Florida Cancer Specialists stake could fetch $3.5 billion
- McKesson has been competing with other bidders for stake
Florida Cancer Specialists has more than 250 physicians, 280 nurse practitioners and physician assistants and about 100 locations in its network.
Photographer: Bing Guan/BloombergThis article is for subscribers only.
McKesson Corp. is in advanced talks to buy a controlling stake in Florida Cancer Specialists & Research Institute, a privately-held operator of oncology clinics, according to people familiar with the matter.
Drug distributor McKesson could pay about $3.5 billion for the holding and a deal may be announced in the coming weeks, the people said, asking not to be named because the matter is private. McKesson has been competing with other bidders for the asset, they said.