CVS Health Corp. said on Tuesday that it expects to close its $69 billion purchase of health insurer Aetna Inc. after the Thanksgiving holiday.
The pharmacy chain and benefits manager had previously expected the transaction to close by Nov. 22.
CVS said in a filing it had received approval from 26 of the 28 state departments of insurance and was in the final stages of the approval process with the two remaining states.
(Reporting by Manas Mishra in Bengaluru; Editing by Shounak Dasgupta)
Copyright 2025 Reuters. Click for restrictions.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Lawsuit Over Burger King’s Whopper Ads Set Back by Federal Judge 
Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say 
Litigation Finance Hits a Wall After Bets on Huge Gains Falter 
Baldwin Group to Buy CAC Group for About $1B in Cash and Stock 
