Kroger to Sell Specialty Pharmacy Business to Elevance Health-February 2024-www.financetom.com

Kroger to Sell Specialty Pharmacy Business to Elevance Health

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Kroger to Sell Specialty Pharmacy Business to Elevance Health

Mar 18, 2024 1:59 PM

04:36 PM EDT, 03/18/2024 (MT Newswires) -- Kroger ( KR ) said late Monday it agreed to sell its specialty pharmacy business to Elevance Health ( ELV ) unit CarelonRx.

The deal is expected to close in H2 2024, subject to regulatory approvals, Kroger ( KR ) said. The transaction is not expected to have an impact on its 2024 outlook.

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