Kroger Announces Plan to Sell Specialty Pharmacy Business to Elevance Health
ELVElevance Health(ELV) Investopedia·2024-03-20 04:05

KEY TAKEAWAYS Grocery-store chain Kroger is selling its specialty pharmacy business to U.S. health insurer Elevance Health. Kroger didn’t disclose financial details of the deal, which it said is expected to close in the second half of 2024. The deal comes after the Federal Trade Commission last month sued to block the merger between Kroger and Albertsons. Grocery-store chain Kroger (KR) is selling its specialty pharmacy business to U.S. health insurer Elevance Health (ELV). Kroger didn’t disclose the financ ...