Cvs To Buy: Aetna

CVS Health to Acquire Aetna for $69 Billion in Landmark Healthcare Deal

In a transaction set to fundamentally reshape the American healthcare landscape, announced on December 3, 2017, that it has reached a definitive agreement to acquire Aetna Inc. for approximately $69 billion . This vertical merger combines one of the nation's largest pharmacy chains and pharmacy benefit managers (PBM) with one of its oldest and most prominent health insurers. Transaction Details cvs to buy aetna

: The combined entity is projected to generate annual revenue of approximately $240 billion, positioning it as a massive competitor second only to Walmart in the U.S.. A New Model for Healthcare Delivery CVS Health to Acquire Aetna for $69 Billion

Under the terms of the agreement, CVS will pay for Aetna, consisting of $145 in cash and $62 in CVS stock. Including the assumption of Aetna's debt, the total enterprise value of the deal reaches roughly $78 billion . Transaction Details : The combined entity is projected