Cvs Buying Aetna — Is

The deal was one of the largest vertical mergers in healthcare history, intended to combine a leading pharmacy chain and pharmacy benefit manager (PBM) with a major health insurer.

The acquisition was valued at approximately $69 billion in cash and stock, totaling roughly $78 billion when including the assumption of Aetna's debt. is cvs buying aetna

CVS Health its acquisition of Aetna on November 28, 2018 , for approximately $69 billion . As of April 2026, Aetna continues to operate as a subsidiary business unit within CVS Health. Merger Overview and Financials The deal was one of the largest vertical

Aetna shareholders received $145.00 in cash and 0.8378 CVS Health shares for each share of Aetna they owned. Regulatory Approval and Conditions As of April 2026, Aetna continues to operate

The merger faced significant scrutiny from the U.S. Department of Justice (DOJ) and groups like the American Medical Association (AMA) .

CVS financed the cash portion through cash on hand and approximately $45 billion in new debt.