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Amazon to buy One Medical health care provider in deal valued at $3.9B

July 22, 2022

Amazon.com Inc. (Nasdaq: AMZN) is pushing deeper into health care, announcing that it will buy primary-care company One Medical for in a deal valued at $3.9 billion, including debt. The online retail giant said it will pay $18 a share for San Francisco-based 1Life Healtchcare Inc., the parent company of One Medical. That’s almost 77% above 1Life’s $10.18 closing price on Wednesday and almost 29% above the $14-a-share price that it went public at in January 2020.

Article Source: Washington Business Journal

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