CVS-Aetna, Cigna-Express Scripts deals set for approval in few weeks, report says

The Justice Department is approaching a formal approval of proposed mergers between CVS Health and Aetna, as well as Cigna and Express Scripts, people familiar with the matter told The Wall Street Journal.

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The sources said both deals could receive a green light from the Justice Department within the next few weeks.

To ease anticompetitive concerns, federal regulators will require CVS and Aetna to divest some of their Medicare Part D assets, the people familiar with the matter told WSJ. A potential bidder for the Part D assets is WellCare Health Plans, but conversations between CVS and Aetna are still ongoing, the sources said.

As for the Cigna-Express Scripts deal, people familiar with the transaction said it could gain approval without any divestitures, according to the report.

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