Becker's Healthcare November 11, 2024
Cigna directly confirmed that it is not pursuing a merger with Humana.
“The Cigna Group remains committed to its established M&A criteria and would only consider acquisitions that are strategically aligned, financially attractive, and have a high probability to close,” the company said in a Nov. 11 news release.
Cigna’s statement comes after CEO David Cordani threw cold water on the merger speculation during the company’s third quarter earnings call on Oct. 31. Mr. Cordani’s comments came after Bloomberg reported on Oct. 18 that Cigna and Humana had renewed talks of a potential merger. The companies called off a planned merger in late 2023 after...
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