Amazon buys US medical provider as it cements move into healthcare

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One Medical, the primary care organization, will be acquired by the e-commerce behemoth in a deal valued at roughly $3.9bn

Amazon will acquire the primary care organization One Medical in a deal valued roughly at $3.9bn, marking another expansion for the retailer into healthcare services.

The Seattle-based e-commerce giant said in a statement Thursday it is buying One Medical for $18 a share in an all-cash transaction. It’s one of Amazon’s biggest acquisitions, following its $13.7bn deal to buy Whole Foods in 2017 and its $8.5bn purchase of Hollywood studio MGM, which closed earlier this year.

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 ALL Credit of this post going to https://www.theguardian.com

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