Aetna May Divest Parts of its Business to Acquire Humana

Aetna Inc. AET is planning to shed some of its Medicare Advantage business in some markets, as per sources. Aetna hopes the divestures will address federal regulators’ concerns regarding its proposed acquisition of Humana Inc. HUM.

The assets to be sold are worth billions of dollars. But it has become necessary for Aetna to trim these operations to establish that its $37-billion acquisition of Humana will not quell competition in several markets.

The company has not yet finalized the assets to be sold but its advisers are busy identifying Medicare Advantage (“MA”) business in those markets where operations of both companies overlap significantly.

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