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Centene Backs FY22 View, Initiates FY23 Outlook; Authorizes Addl. $2 Bln Share Buyback

(RTTNews) - Centene Corp. (CNC), a healthcare solutions provider, on Friday reiterated its guidance for the fiscal 2022, and issued fiscal 2023 ou. ....

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Centene to sell Magellan Specialty Health to Evolent

Centene Corporation has announced it has signed a definitive agreement to sell Magellan Specialty Health to Evolent Health. Centene said it expects to receive over $750 million in aggregate proceeds, including potential earnout. It expects to receive approximately $600 million in proceeds at closing, with at least $400 million paid in cash and the remainder paid in Evolent ....

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