Kroger Will Sell Its Specialty Pharmacy Business to Elevance Health’s CareIonRx

Grocer Kroger said on Monday it had entered a definitive agreement for the sale of its specialty pharmacy business to CarelonRx, a unit of U.S. health insurer Elevance Health.

The financial terms of the deal were not disclosed.

The retailer’s specialty pharmacy business serves patients with chronic illnesses that require complex care.

Read the source article at Yahoo Finance