×

CVS Health closes in on deal to buy health insurer Aetna - WSJ

Nov 30 (Reuters) - CVS Health Corp is moving closer to a deal to buy health insurer Aetna Inc for more than $66 billion in cash and stock, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

The companies are in advanced stages of negotiating a deal that would value Aetna at between $200 and $205 per share and would be comprised mainly of cash, the Journal said. (http://on.wsj.com/2j5V1yn)

The deal could be could be announced by Monday, the WSJ said.

Both the companies were not immediately available for comment. (Reporting by Ankur Banerjee in Bengaluru; Editing by Savio D'Souza)