We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Walgreens Likely To Buy PBM Express Scripts, CEO's Statements Hint

January 9, 2016: 12:00 AM EST
Pharmacy chain Walgreens is expected to acquire pharmacy benefit manager Express Scripts, based on comments by company CEO Stefano Pessina who said “vertical integration is a necessity” for future expansion plans. During the company’s latest earnings call, Pessina also noted that Walgreens had made two large acquisition deals in less than a year. Its rival CVS Health owns Caremark, the second-largest PBM in the United States, which has helped the company’s shares outperform Walgreens by more than 90 percent.
Max Nisen, "Walgreens' Next Big Deal", Bloomberg Gadfly, January 09, 2016, © Bloomberg L.P.
Market News
North America
United States of America
Companies, Organizations
Deals, M&A, JVs, Licensing
Market News
Developed by Yuri Ingultsov Software Lab.