Kroger to sell specialty pharmacy business to CarelonRx, pending regulatory approvals.
Kroger plans to sell its specialty pharmacy business to Elevance Health subsidiary CarelonRx, according to a definitive agreement announced on March 18. The sale is expected to close in the second half of the year, pending regulatory approvals and customary closing conditions. Kroger's specialty pharmacy business serves patients with chronic conditions requiring specialized care. The company's other pharmacy operations, including in-store retail pharmacies and The Little Clinics, are not included in the deal.
March 18, 2024
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