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The Independent UK
The Independent UK
National
Via AP news wire

Amazon to buy primary care provider One Medical for $3.9B

Amazon One Medical Neil Lindsay Health Care
Copyright 2020 The Associated Press. All rights reserved

Amazon announced Thursday it will acquire the primary care organization One Medical in a deal valued roughly at $3.9 billion, marking another expansion for the retailer into health care services.

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

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