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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


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  • (Score: 1) by khallow on Sunday April 01 2018, @02:28PM

    by khallow (3766) Subscriber Badge on Sunday April 01 2018, @02:28PM (#661150) Journal

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

    Not interested over here. Aside from the problem that AC comments tend to be crap even by our low standards, no one can tell them apart. You can't have "dynamic conversation" when several ACs are involved and moving in and out of the conversation.