Becker's Healthcare June 11, 2024
The Cigna Group does not need to seek out any mergers or acquisitions to reach its financial goals, CFO Brian Evanko told investors.
Speaking at the Goldman Sachs Healthcare Conference on June 11, Mr. Evanko said any potential acquisitions the company considers must be strategically and financially attractive and have a high probability of closing.
“If all three of those criteria are not met, we will not pursue inorganic activity,” Mr. Evanko said. “We don’t need to do M&A either. When we talk about our [earnings per share] algorithm of 10% to 14% over time, we’re fully confident in our ability to do that the way the company is right now. So M&A would be an accelerant in...
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