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 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 said on Sunday. That's a 29 per cent premium to Aetna's share price on Oct 25, the day before the companies were reported to be in talks.
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