Life & Health Insurance M&A » By The Online Investor Staff, updated Tue., Apr. 16, 2:50 PM
Recent mergers and acquisitions in the Life & Health Insurance M&A category.
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Slide #28. Aetna — Coventry Health Care
Acquirer:
Aetna (AET)
Acquiree:
Coventry Health Care
Details:
Aetna (NYSE:AET) today announced the U.S. Department of Justice (DOJ) has cleared Aetna's proposed acquisition of Coventry Health Care, Inc. Aetna expects to complete its acquisition of Coventry within the next three business days.
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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