30.11.2023 04:56:01

Cigna, Humana In Talks To Merge : Report

(RTTNews) - Cigna Group (CI) and Humana Inc. (HUM) are in discussions on a cash-and-stock deal that could be finalized by the end of the year, the Wall Street Journal reported citing people familiar with the matter.

Should a deal come together, it would face an antitrust environment that's very concerned with consolidation in healthcare.

Cigna closed Wednesday's regular trading at $262.87 down $23.21 or 8.11%. Humana closed down 5.49% on Wednesday at $482.41.

On Wednesday, Cigna had a market value of about $77 billion, while Humana's was approximately $60 billion.

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Humana Inc. 226,90 -1,39% Humana Inc.
The Cigna Group Registered Shs 263,50 -2,82% The Cigna Group Registered Shs