Stories
Slash Boxes
Comments

SoylentNews is people

posted by martyb on Saturday March 31 2018, @02:08PM   Printer-friendly
from the all-the-more-to-get-folk-in-the-store dept.

Walmart could acquire the health insurer Humana, in a deal reminiscent of CVS's acquisition of Aetna:

Walmart Inc. is in preliminary talks to buy insurer Humana Inc., according to people familiar with the matter, a deal that would mark a dramatic shift for the retail behemoth and the latest in a recent flurry of big deals in health-care services.

It isn't clear what terms the companies may be discussing, and there is no guarantee they will strike a deal. If they do, the deal would be big: Humana currently has a market value of about $37 billion. It also would be Walmart's largest deal by far, eclipsing its 1999 acquisition of the U.K.'s Asda Group PLC for $10.8 billion. Walmart, which in addition to being the world's biggest retailer is also a major drugstore operator, has a market value of about $260 billion.

[...] Walmart has a vast pharmacy business, with locations in most of its roughly 4,700 U.S. stores and in many of it Sam's Club warehouse locations. Humana is a Medicare-focused insurer that could deepen Walmart's relationship with a key demographic—seniors—at a time when the retailer is being threatened by Amazon on several fronts.

Also at CNN.

Related: $54 Billion Anthem-Cigna Health Insurer Merger Rejected by U.S. Judge
CVS Attempting $66 Billion Acquisition of Health Insurer Aetna
Amazon, Berkshire Hathaway, and JPMorgan Chase to Offer Their Own Health Care to U.S. Employees
Is Amazon Planning a Disruptive AWS-Like Move Into Health Care?
Amazon Prime... For Medicaid Recipients


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by frojack on Saturday March 31 2018, @09:49PM

    by frojack (1554) on Saturday March 31 2018, @09:49PM (#660957) Journal

    Relax the throttling of AC comments, so that actual conversations can take place in a dynamic fashion.

    Sign up with a fake name for christ sake! Grow up and learn how to use the internet.

    You can not have an actual conversation with a hundred voices shouting insults from a darkened theater. That's called heckling. It doesn't work.
    Its disruptive to conversation. Its destructive to discussions,

    --
    No, you are mistaken. I've always had this sig.
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2