CVS is said to be near deal to acquire health insurer Aetna

(Bloomberg) – CVS Health Corp. is nearing an agreement to acquire health insurer Aetna Inc. for more than $65 billion, according to a person familiar with the negotiations.

aetna

An announcement could come as soon as Monday, said the person, who asked not to be identified because the talks are private. CVS is likely to agree to pay at least $200 a share for Aetna, with at least 30 percent paid for with cash, according to the person. Talks could still be delayed or fall apart.

Timing of the potential deal was first reported by The Wall Street Journal on Thursday.