Centene is looking to divest "non-core assets" as it embarks on a long-term plan to improve its profit margin. (...) Executives did not provide any additional color on what assets may be sold off.
Here is the article: https://www.healthcaredive.com/news/centene-divest-non-core-assets-execs-disclose-q3-investor-call/608816/
Does anyone have any idea what non core assets might be involved?
Based on this article, anyone in the pharmacy space should be concerned:
https://news.google.com/articles/CBMiYWh0dHBzOi8vd3d3LmF4aW9zLmNvbS9jZW50ZW5lLXBibS1kcnVnLXByaWNlcy1yeGFkdmFuY2UtZDQ1ZDhkYjItMWQ2NS00OTA4LWEzZjUtMTU0NDU2YWE1MzdiLmh0bWzSAWFodHRwczovL3d3dy5heGlvcy5jb20vY2VudGVuZS1wYm0tZHJ1Zy1wcmljZXMtcnhhZHZhbmNlLWQ0NWQ4ZGIyLTFkNjUtNDkwOC1hM2Y1LTE1NDQ1NmFhNTM3Yi5odG1s?hl=en-US&gl=US&ceid=US%3Aen
I'm assuming more will be announced during the December investor day.