On Monday, VillageMD officially confirmed its plan to acquire Summit Health-CityMD. On Wednesday, Walgreens Boots Alliance Inc. (Nasdaq: WBA) — one of VillageMD’s chief inventors — opened up about how the deal fits into its overall strategy. VillageMD – which has an at-home division, Village Medical at Home – is a primary care provider that […]
Summit Health
Just a week after reports that VillageMD had its eye on Summit Health-CityMD, the former announced that it has entered a definitive agreement to acquire the latter. With investments from Walgreens Boots Alliance Inc. (Nasdaq: WBA) and Evernorth – Cigna Corporation’s (NYSE:CI) health services organization – the deal is valued at $8.9 billion. “You think […]
Home-focused primary care provider — and key Walgreens Boots Alliance (Nasdaq: WBA) investment target — VillageMD is said to be eyeing a potential merger with Summit Health. The merger would value the combined companies at an estimated $5 billion to $10 billion, according to a Bloomberg News report. Chicago-based VillageMD, through its subsidiary Village Medical, […]
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