The Walgreens pharmacy chain announced in February that it would be selling its 1,971 drugstores to Aetna for $4.38 billion. This deal is expected to be finalized in the next few weeks. This is a major deal for Walgreens, as it will give the company a more robust pharmacy division.
Aetna is a major healthcare provider in the United States. This deal will give Walgreens access to Aetna’s large customer base and its insurance contracts.
The Walgreens pharmacy chain has been struggling in recent years. The company has been losing money on its pharmacy operations and has been trying to find a way to turn around its business. The Aetna deal is a major step in the right direction for Walgreens.
The company will now have access to a larger customer base and a robust insurance network. This deal will help Walgreens regain its footing in the pharmacy market and improve its overall financial performance.
