Humana has a market value of about $37 billion, and shares in the company leapt by about 11 percent after the article was published.
Walmart is in early talks to buy Humana, one of the nation’s largest health insurers, The Wall Street Journal reports.
The report says the retailer and Humana are looking at a variety of options to combine their businesses, including an acquisition. Humana has a market value of about $37 billion, and company shares leapt by about 11 percent following the Journal’s article.
In recent months some of the country’s largest health insurers have announced mergers with retailers, though most have been pharmacy chains.
CVS Health in December announced it would buy Aetna, the nation’s third-largest health insurer, in a $69 billion deal. Earlier this month, Cigna said it was buying Express Scripts, a pharmacy benefits manager.
Read The Wall Street Journal’s full report. (Subscription is required.)
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