CVS completing $69 billion Aetna merger after winning state approvals

CVS Health’s $69 billion acquisition of health insurer Aetna is expected to close on Wednesday after the firms received final regulatory approvals from state insurance agencies, the pharmacy chain said in a government filing on Monday.

The deal — which won approval from the Department of Justice in October — is one of several expected to transform the current U.S. healthcare system. Fellow pharmacy benefit manager Express Scripts is finalizing its merger with insurer Cigna after receiving federal approval in September, while Walgreens Boots Alliance and Humana are reportedly in investment talks.