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Tags: humana | cigna | merger

Health Insurers Humana, Cigna in Talks to Merge

(Dreamstime)

Wednesday, 29 November 2023 12:56 PM EST

Health insurers Cigna and Humana are in talks for a merger, The Wall Street Journal reported Wednesday, citing people familiar with the matter.

The companies are discussing a stock-and-cash deal that could be finalized by the end of the year, according to the report, without providing details on the deal value

Humana had a market capitalization of roughly $62.84 billion and Cigna had a market value of $83.71 billion, based on Tuesday's closing prices.

Cigna's shares were down 4.4% in noon trading, while Humana's stock was flat.

© 2024 Thomson/Reuters. All rights reserved.


StreetTalk
Health insurers Cigna and Humana are in talks for a merger, The Wall Street Journal reported Wednesday, citing people familiar with the matter. The companies are discussing a stock-and-cash deal that could be finalized by the end of the year, according to the report,...
humana, cigna, merger
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2023-56-29
Wednesday, 29 November 2023 12:56 PM
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