Healthcare Finance News December 11, 2023
Cigna was to acquire Humana in a deal that would have come about by the end of the year, says WSJ.
Cigna and Humana have reportedly ended their talks to merge after failing to agree on a price, according to Reuters.
Cigna is continuing to explore the sale of its Medicare Advantage business, the report said. Reuters reported in November that Cigna was exploring the sale of its Medicare Advantage operations, whose performance has disappointed investors.
The structure was for Cigna to acquire Humana, in a deal that would come about by the end of the year, according to The Wall Street Journal.
Instead, on Sunday, Cigna’s board of directors agreed to repurchase $10 billion in shares, bringing the...
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