Walgreens, Humana reportedly discussing taking stakes in one another
Walgreens Boots Alliance and health insurer Humana are in preliminary talks about taking equity stakes in one another, according to a Wall Street Journal report citing people who are familiar with the matter.
The talks have included the possibility of expanding the two companies’ partnership focused on Kansas seniors that was announced this summer, the report said. They come as CVS Health is set to wrap up its $69 billion acquisition of health insurer Aetna by year’s end (it expects to have final approval from two holdout states after Thanksgiving).
The report noted that an equity stake deal would reduce the cost of providing services akin to those that will come as a result of CVS Health and Aetna’s combination.
To read the full report, click here.
The talks have included the possibility of expanding the two companies’ partnership focused on Kansas seniors that was announced this summer, the report said. They come as CVS Health is set to wrap up its $69 billion acquisition of health insurer Aetna by year’s end (it expects to have final approval from two holdout states after Thanksgiving).
The report noted that an equity stake deal would reduce the cost of providing services akin to those that will come as a result of CVS Health and Aetna’s combination.
To read the full report, click here.