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Cigna abandons pursuit of Humana, plans $10 billion share buyback

A Cigna-Humana combination would have created a company with a value exceeding $140 billion, based on their market values, but was certain to attract fierce antitrust scrutiny. ....

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Cigna abandons pursuit of Humana, plans $10 billion share buyback -sources

(Reuters) -U.S. health insurer Cigna has ended its attempt to negotiate an acquisition of rival Humana after the pair failed to agree on price, two sources familiar with the situation said on Sunday, as the company announced plans to buy back $10 billion worth of shares. The discussions came six years after regulators blocked mega-deals that would have consolidated the U.S. health insurance sector. Cigna, however, on Sunday announced plans to do an additional $10 billion in share repurchases, br ....

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Cigna Abandons Pursuit of Humana, Plans Share Buyback

US health insurer Cigna has ended its attempt to negotiate an acquisition of rival Humana after the pair failed to agree on price. ....

New York , United States , Mark Porter , Manas Mishra , Anirban Sen , David Cordani , Megan Davies , Caroline Humer , Greg Roumeliotis Sriraj Kalluvila , Craig Garthwaite , Juby Babu , Unitedhealth Group , Northwestern University , Elevance Health , Connecticut Based Cigna , Chief Executive Officer David Cordani , Medicare Advantage , Wall Street , Mariam Sunny , Greg Roumeliotis , Sriraj Kalluvila , Bill Berkrot , Practice Management , Health Insurance ,

Cigna abandons pursuit of Humana, plans $10 billion share buyback -sources

Cigna abandons pursuit of Humana, plans $10 billion share buyback -sources
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New York , United States , Megan Davies , Juby Babu , Greg Roumeliotis Sriraj Kalluvila , Caroline Humer , Mark Porter , David Cordani , Anirban Sen , Manas Mishra , Craig Garthwaite , Unitedhealth Group , Northwestern University , Elevance Health , Chief Executive Officer David Cordani , Medicare Advantage , Wall Street , Greg Roumeliotis , Sriraj Kalluvila , Bill Berkrot ,

Cigna abandons pursuit of Humana, plans $10 billion share buyback -sources

U.S. health insurer Cigna has
ended its attempt to negotiate an acquisition of rival Humana
after the pair failed to agree on price, two sources
familiar with the situation said on Sunday, as the. ....

United States , New York , Anirban Sen , David Cordani , Craig Garthwaite , Mark Porter , Megan Davies , Caroline Humer , Manas Mishra , Juby Babu , Greg Roumeliotis Sriraj Kalluvila , Northwestern University , Elevance Health , Unitedhealth Group , Chief Executive Officer David Cordani , Medicare Advantage , Wall Street , Greg Roumeliotis , Sriraj Kalluvila , Bill Berkrot ,