Could There Be Another Mega Merger in Healthcare?
David Chou
NOVEMBER 1, 2022
As healthcare retail chains continue to expand their services deeper into healthcare, another potential mega-merger is on the horizon. Bloomberg reports that VillageMD, which is majority owned by Walgreens Boots Alliance, is exploring a potential deal to merge with Summit Health, the parent company of urgent care clinic chain CityMD. If the acquisition goes through, it will value the combined entity at between $5 and $10 billion.
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