Health-Care Companies Shake Off Disrupters, Make Deals

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Health insurers and pharmacies have less to fear from business and regulatory threats. WSJheard explains. WSJWhatsNow

Health-care incumbents are making big moves right as would-be disrupters fade away.

Pharmacy giant Walgreens Boots Alliance also said Wednesday that it is selling its European distribution business to drug wholesaler AmerisourceBergen for $6.5 billion in cash and stock. Both Walgreens and AmerisourceBergen shares surged on Wednesday. And insurer Centene said on Monday it plans to acquire mental-health-care specialist Magellan for $2.2 billion.

 

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