W3Schools

The Wall Street Journal: CVS finalizes its $70 billion Aetna acquisition

CVS Health Corp. completed its nearly $70 billion acquisition of Aetna Inc., forging a new industry giant and starting the clock ticking on ambitious goals of curbing health-care costs and improving consumers’ experience.

The combined company faces significant challenges in bringing together its diverse set of health assets, including CVS’s sprawling network of pharmacies, a pharmacy-benefit manager and Aetna’s employer insurance, Medicare and Medicaid managed-care businesses. Aetna AET, +0.33% will be operated as a stand-alone unit, and CVS CVS, +0.97% will continue using the brand in reference to its insurance products.

In an interview, CVS Chief Executive Larry Merlo said the merged company has the right combination to smooth the fragmented health-care experience for consumers.

>>> Original Source <<<

Comentários