ADVERTISEMENT

Walgreens, Humana in Early Talks for Stakes in Each Other, WSJ Reports

Walgreens, Humana in Early Talks for Stakes in Each Other, WSJ Reports

(Bloomberg) -- Walgreens Boots Alliance and Humana are in preliminary talks to take equity stakes in each other, the WSJ reported, citing unidentified people with knowledge of the matter.

  • Talks also include the possibility of expanding their already existing partnership, focused on serving seniors
  • Details couldn’t be learned; no guarantee there will be any new deal between the cos.
  • Walgreens shares and Humana shares both pared losses on the news

To contact the reporter on this story: Maria Jose Valero in New York at mvalero3@bloomberg.net

To contact the editor responsible for this story: Clementine Fletcher at cfletcher5@bloomberg.net

©2018 Bloomberg L.P.