CVS Health is in Talks to Buy Aetna – Wall Street Journal
Christopher Dilts/Bloomberg News
is in talks to buy
according to people familiar with the matter, in a deal that could value the health insurer at upward of $66 billion.
CVS Health has made a proposal to buy Aetna for more than $200 per share, one of the people said. On Thursday afternoon, before The Wall Street Journal reported news of the talks, shares of Aetna were trading at $160.62 each.
Aetna shares initially shot up more than 10% on the report, giving it a market value of some $58 billion.
Write to Dana Mattioli at [email protected]
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