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Cigna Drops Humana Merger, Opts For $10 Billion Buyback Strategy

Benzinga

In a recent development in the health insurance sector, Cigna Corporation (NYSE: CI ) has withdrawn from its proposed merger with Humana Inc. These acquisitions, described as "bolt-on," signify a tactical pivot for the company. NYSE: HUM ).

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Cigna's Medicare Business Sale: Health Care Service Could Scoop The Business

Benzinga

Cigna Group (NYSE: CI ) is reportedly in advanced negotiations to divest its Medicare Advantage division and is presently in discussions to sell it to Health Care Service Corp Inc (NASDAQ: HCSG ) for around $3 billion-$4 billion.

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Amazon, UnitedHealth Said To Be Pursuing Cathie Wood-Backed Healthcare Firm

Benzinga

Home-health company Signify Health Inc. NYSE: SGFY ) is being pursued by e-commerce giant Amazon.com, Inc. What Happened: UnitedHealth has tabled the highest bid of over $30 per share for Signify, and Amazon’s offer price is the next highest, the report said. A Wall Street Journal.

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Why Amazon Is Sending Signify Health Shares Higher Today

Benzinga

Signify Health Inc (NYSE: SGFY ) shares are trading higher Monday following media reports that Amazon.com Inc (NASDAQ: AMZN ) may be interested in acquiring the company. According to a Wall Street Journal report , Signify is for sale via an auction, which could value the company at more than $8 billion.

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HEALWELL AI Completes Acquisition of 'Pentavere', a Leading Healthcare AI and Data Science Company

Benzinga

HEALWELL completes acquisition of a majority stake of Pentavere, a healthcare artificial intelligence (AI) company who has built a best-in-class AI engine to help solve some of healthcare's toughest data challenges. This marks our first acquisition in the healthcare technology space, signifying a pivotal moment in HEALWELL history.

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Red White & Bloom Brands Transitions to International Cannabis Company Through Closing of Aleafia Transaction

Benzinga

15, 2024 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. 15, 2024 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. The accretive nature of the Transaction has been evident to RWB management since the inception of the relationship with the Aleafia group of companies.

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Wachtell Lipton Discusses Mergers and Acquisitions–2022 and 2023

Reynolds Holding

A wide number of companies also announced separations, divestitures, carve-outs and spin-offs across industries over the course of the year, with over thirty $1 billion-plus divestitures and nearly forty spin-offs announced. billion acquisition by a consortium led by Permira and Hellman & Friedman and Thoma Bravo’s $10.7

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