The planned acquisition of Aetna Inc. by CVS Health Corp.will result in a company with a combined $23.4 billion inretirement plan assets, reports Pensions & Investments.

Rhode Island-based CVS announced Sunday that it plans to acquireConnecticut-based Aetna, with the transaction valued atapproximately $77 billion.

While the deal is expected to close in the second half of 2018,it will have to run the gauntlet of regulatory and stockholderapprovals first, as well as what a CVS release termed “othercustomary closing conditions.”

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