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Walmart reportedly discussing possible acquisition of Humana

by Carl O'Donnell, Greg Roumeliotis on Mar 29, 2018, 7:49 PM

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  • Walmart is reportedly in early-stage talks with Humana about developing closer ties, with the acquisition of Humana being discussed as a possibility.
  • Earlier this month, Walmart is believed to have approached the health insurance company.
  • The talks centered around new partnerships, but an acquisition of Humana was reportedly also discussed.


Walmart is in early-stage talks with Humana about developing closer ties, with the acquisition of Humana being discussed as one possibility, people familiar with the matter said on Thursday.

Walmart approached Humana health insurance earlier this month and the deliberations are preliminary, one of the sources said. While the conversations have focused on new partnerships, an acquisition of Humana by Walmart is also something being discussed, the source added.

The sources asked not to be identified because the deliberations are confidential.

Humana and Walmart did not immediately respond to requests for comment.

(Reporting by Carl O'Donnell and Greg Roumeliotis in New York; Editing by Sandra Maler)

SEE ALSO: Walmart is looking to innovate in-store


 
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