Nasdaq at 5,120. S p 5002,087 and the russell down almost a full percent. But we begin now with the big deal in health insurance. It is official. An them agreeing to buy cigna for 188 per share in cash and stock. An enterprised are value of 54 billion. Straight to bertha coombs. Combined anthem and sigma would unseat United Health to become the largest u. S. Health insurer with 150 billion in annual revenues. More than 50 million members covering nearly 1 in 5 americans. Anthems ceo joseph swedish aide mitts put admits putting the two big firms together will be challenging but with that scale they can generate operating savings and make them more affordable. It will improper our ability to serve customers across commercial medicaid medicare and International Markets and create greater efficiencies and afford ability for our customers. But the anthem deal taken with aetnas proposed merger with humana would result in the big five insurers becoming the big three. One antitrust lawyer tell
How ANC heavyweight Mike Mabuyakhulu justified R300 000 payment and won his corruption case iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
The head of department in the KwaZulu-Natal Department of Economic Development and Tourism was allegedly paid a bribe of R1 million by some of his co-accused relating to the North Sea Jazz Festival, which did not take place, in 2012.
The first state witness in the R28m North Sea Jazz Festival corruption case has been advised to seek legal advice after counsel realised his evidence may implicate him in fraud.
The Pietermaritzburg High Court dismissed an application by ANC heavyweight Mike Mabuyakhulu and his co-accused in their corruption trial, relating to the North Sea Jazz Festival.