© Reuters. (Reuters) – Well being Care Service Corp and Elevance Well being are competing to accumulate Cigna (NYSE:) Group’s enterprise offering medical protection to these aged 65 and over, Bloomberg reported on Friday, citing individuals with data of the matter. Cigna expects ultimate bids for its Medicare Benefit enterprise to be submitted subsequent week,…
Cigna Group is planning a “significant” improve of its inventory buyback, committing an extra $10 billion to the plan after calling off its pursuit of Humana Inc. The buyback will increase Cigna’s whole share repurchase authority to $11.3 billion, the Bloomfield, Connecticut-based firm mentioned Sunday. Cigna can be abandoning discussions with Humana, in keeping with an individual…
© Reuters. FILE PHOTO: Signage for Humana Inc. is pictured at a well being facility in Queens, New York Metropolis, U.S., November 30, 2021. REUTERS/Andrew Kelly/File Picture (Reuters) -Cigna has known as off its deal to purchase fellow U.S. well being insurer Humana (NYSE:) , scrapping a deal that would have created a roughly $140…
2/2 © Reuters. FILE PHOTO: Signage for Cigna is pictured at a well being facility in Queens, New York Metropolis, U.S., November 30, 2021. REUTERS/Andrew Kelly/File Picture 2/2 (Reuters) -Well being insurers Cigna (NYSE:) and Humana (NYSE:) are in talks for a merger, the Wall Avenue Journal reported on Wednesday, citing individuals conversant in the…
© Reuters Cigna, Humana discover healthcare megamerger – WSJ Cigna (NYSE:) and Humana (NYSE:) are in talks to mix in a stock-and-cash deal, the Wall Avenue Journal reported Wednesday afternoon citing folks acquainted with the matter. A deal to merge could possibly be finalized by the top of the 12 months, it was added. The…
