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Axios
Axios
Business
Bob Herman

CVS has officially acquired Aetna

CVS Health has officially absorbed Aetna. Photo: Justin Sullivan/Getty Images

As expected, CVS Health today completed its acquisition of Aetna, now valued at $78 billion including Aetna's debt. The deal combines 9,800 pharmacies, 22 million health plan members, a giant pharmacy benefit manager, numerous medical clinics, health insurance technology and $75 billion of debt under one roof.

Go deeper: CVS is now one of the world's largest health care corporations, but don't expect big savings from this deal.

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