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FTC Expected to Sue to Block Covetrus’ $3.5 Billion MWI Purchase
Covetrus is owned by CD&R and TPG; Cencora owns MWI Veterinary Supply.
The Federal Trade Commission (FTC) is expected to sue Friday, Nov. 13, to block Covetrus’ proposed $3.5 billion purchase of MWI Veterinary Supply, a business owned by Cencora.
Covetrus is owned by CD&R and TPG. The proposed purchase would bring MWI Veterinary Supply under Covetrus’ ownership.