Life & Health Insurance M&A » By The Online Investor Staff, updated Fri., Jun. 9, 7:39 AM
Recent mergers and acquisitions in the Life & Health Insurance M&A category.
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Slide #27. Aetna — Coventry Health Care, Inc.
Acquirer:
Aetna (AET)
Acquiree:
Coventry Health Care, Inc.
Details:
Aetna (NYSE:AET) announced it has completed its acquisition of Coventry Health Care, Inc., a diversified managed health care company based in Bethesda, Md.
Aetna is a health care benefits company. Co. conducts its operations in three business segments: Health Care, which provides medical, pharmacy benefit management services, dental, behavioral health and vision plans provided on both an insured basis and an employer-funded basis and businesses products and services that complement its medical products; Group Insurance, which primarily includes group life insurance and group disability products and long-term care products; and Large Case Pensions, which manages a variety of retirement products (including pension and annuity products) primarily for tax-qualified pension plans.
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