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.

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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