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CVS to buy Aetna for US$67.5b, remaking US healthcare sector

The deal creates a behemoth that could lower healthcare costs as well as fend off Amazon's much-hyped entry

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CVS's president and CEO Larry Merlo and Aetna's CEO Mark Bertolini are joining hands as the health sector is looking over the horizon at Amazon.com, and how the Internet retailer could be a game changer in the buying, distributing and selling of drugs and medical products if it gets into healthcare.

BT_20171205_CSAETNA5C_3206498.jpg
CVS's president and CEO Larry Merlo (left) and Aetna's CEO Mark Bertolini (right) are joining hands as the health sector is looking over the horizon at Amazon.com, and how the Internet retailer could be a game changer in the buying, distributing and selling of drugs and medical products if it gets into healthcare.

New York

CVS Health Corp will buy Aetna Inc for about US$67.5 billion, creating a healthcare giant that will have a hand in everything from insurance to the corner drugstore.

CVS will pay US$207 a share for Aetna, with US$145 a share in cash and the rest in stock, the companies

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