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CVS Health in talks to buy health insurer Aetna: WSJ
October 26, 2017 / 8:13 PM / a month ago

CVS Health in talks to buy health insurer Aetna: WSJ

(Reuters) - Drug retailer CVS Health Corp (CVS.N) is in talks to buy health insurer Aetna Inc (AET.N), the Wall Street Journal reported on Thursday, citing sources.

A customer waits at the counter of a CVS Pharmacy store in Pasadena, U.S., May 2, 2016. REUTERS/Mario Anzuoni/File Photo

Aetna’s shares closed up 11.5 percent at $178.60, after hitting $184.98.

CVS Health’s stock closed down 2.9 percent at $73.31.

Aetna had a market cap of $53.2 billion as of Wednesday’s close, according to Thomson Reuters data.

Reporting by Divya Grover in Bengaluru; Editing by Sriraj Kalluvila

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