Aetna News

New York Is Considering Blocking Parts of $68B CVS, Aetna Merger

New York state officials are considering blocking parts of the $68 billion merger of drugstore store chain CVS Health Corp. and Aetna Inc., jeopardizing billions of dollars in insurance premiums for Aetna. CVS and Aetna won approval from the U.S. …

CVS Says It Will Keep Aetna in Connecticut’s Capital City

CVS Health Corp. said Friday it has “no plans” to move Aetna from Connecticut’s capital city, reversing last year’s announcement by the insurance giant that it would move its headquarters to another state after nearly two centuries in Hartford, Conn. …

NYC Halts $9.6M Incentive Package to Move Aetna to City

New York City is halting a $9.6 million incentive package offered to Aetna to move its headquarters to the city. The insurance giant announced in June that it would move its headquarters to New York City beginning in late 2018 …

CVS to Pay $67.5B for Aetna to Create Giant Health Firm with ‘10,000 New Front Doors’

CVS Health Corp. will buy Aetna Inc. for about $67.5 billion, creating a healthcare giant that will have a hand in everything from insurance to the corner drugstore. CVS will pay $207 a share for Aetna, with $145 a share …

CVS, Aetna Could Close $70B Merger Deal as Soon as December

U.S. pharmacy operator CVS Health Corp. and health insurer Aetna Inc. are working toward finalizing merger terms and announcing a deal for more than $70 billion as early as December, according to people familiar with the matter. The deal would …

Aetna Keeps Quiet About Reported CVS Merger Talks; Net Income Rises 39%

U.S. health insurer Aetna Inc failed to provide any hints on reported merger talks with CVS Health Corp when discussing quarterly results on Tuesday and laid out obstacles to 2018 earnings growth, sending its shares lower. The company reported a …

CVS Health Reported in Talks to Buy Aetna

Aetna Inc. gained in New York trading after the Wall Street Journal reported that CVS Health Corp. is in talks to buy the insurer for more than $66 billion. Aetna jumped 12 percent to $178.60, closing at a record high, …

Anthem to Exit Obamacare Plans in Virginia as Legislative Uncertainties Continue

U.S. health insurer Anthem Inc. said on Friday [Aug. 11] it will exit Obamacare markets in Virginia and reduce its plan offerings in Washington and Scott counties and the city of Bristol next year. The move comes nearly two weeks …

Aetna Acquires Bupa Thailand to Expand in Asia Health Insurance

Aetna Inc. announced it has acquired UK-based Bupa Group’s Thai business, Bupa Thailand, for an undisclosed sum. The acquisition will significantly increase Aetna’s presence in Asia, and is key to the company’s strategy to go “broader and deeper” into local …

Possible Aetna Move Prompts Focus on Urban, State Policies in Connecticut

Connecticut officials are again re-examining how they can dissuade companies like General Electric and now possibly insurance giant Aetna from relocating to places considered more innovative. A string of state budget deficits, state and local tax policies, as well as …