(Reuters) -Cigna Group said on Monday it is not pursuing a combination with rival health insurer Humana, days after Donald ...
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Cigna Group has decided not to merge with Humana, leading to an rise in Cigna's stock and a drop in Humana's stock.
The two health insurance giants, with a combined market value of roughly $125 billion, held talks about a deal last year.
Cigna Group (CI) is currently at $340.51, up $20.74 or 6.49% --Would be highest close since Oct. 17, 2024, when it closed at $353.12 --On pace for largest percent increase since Dec. 11, 2023, when it ...
The flat-out denial comes after Cigna CEO David Cordani tried to throw cold water on persistent speculation of a Humana merger earlier this fall.
Cigna said it will not pursue a merger with rival Humana after reports last month of renewed talks about a potential deal. Talks of a deal ...
Cigna Group is not pursuing a combination with rival Humana, the health insurer said on Monday, days after Donald Trump's ...