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Walmart in early-stage acquisition talks with Humana

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Walmart Inc. (NYSE: WMT) is in preliminary talks to buy insurer Humana Inc. (NYSE: HUM), according to reporting by The Wall Street Journal. The terms are unclear, but Humana’s current market value is $37 billion.

Bentonville, Arkansas-based Walmart is a major drugstore operator and has a market value of $260 billion.

In 1999, the world’s biggest retailer bought Asda Group PLC for $10.8 billion.

 

Read more at The Wall Street Journal.

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