Express Scripts Buys $29.1B Medco Health

U.S. health care company Express Scripts will acquire rival Medco Health Solutions for $29.1 billion.

U.S. health care company Express Scripts will acquire rival Medco Health Solutions for $29.1 billion. As per the deal, George Paz, Chairman and CEO of New Jersey-based Express Scripts will serve as Chairman and CEO of the combined organization Credit Suisse and Citigroup Global Markets advised Express Scripts on the deal, while JP Morgan and Lazard advised Medco Health. The transaction is expected to be completed in the first half of next year.

Click ere for the release from PR Newswire.