Deal snapshot: Centene to Divest Two Pharmacy Businesses for USD 2.8bn Upfront.
MANews-(C)2009-2022
US-based health insurer Centene Corp. (NYSE: CNC) has signed a definitive agreement to sell its Magellan Rx pharmacy solutions organization to Prime Therapeutics LLC and a separate definitive agreement to sell its PantheRx Rare specialty and rare pharmacies business to a consortium of The Vistria Group, General Atlantic, and Nautic Partners, the company said.
Subject to customary purchase price adjustments, Centene expects to receive...
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