United States retail giant Walmart is in the early stages of talks to buy health insurer Humana, according to reports in The Wall Street Journal and other news media on 30 March.
The acquisition of Aetna was overwhelmingly approved by Aetna shareholders last month, but may face opposition from federal regulators over anti-trust and consumer-protection issues.
Walmart’s market capitalization is $US263 billion ($A341 billion) and the retailer posted $13.6 billion in net income in 2017 on revenue of $485.1 billion.
The company is the third-largest US optical retailer, with its optical business generating sales of $1.7 billion in 2016. It operates 3,575 units, including 3,000 Walmart Vision Centers and 575 Sam’s Optical Club outlets; National Vision operates additional Walmart Vision Centers.
Humana’s market value is $37 billion. In 2017, the company reported net income of $2.4 billion on revenue of $53.8 billion. Its vision-care-insurance business generated $2.2 billion in revenue in 2017.