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11/29/2023, 6:14 PM (Source: TeleTrader)
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Humana+0.07%

367.26
Chart for: Humana Inc

Cigna+0.07%

341.33
Chart for: Cigna Corp

Cigna, Humana reportedly discussing merger

Cigna Corporation and Humana Inc. are discussing merging into one company, The Wall Street Journal reported on Wednesday.

Unnamed sources told the newspaper that a stock-and-cash transaction is being negotiated, with a potential agreement coming before the end of 2023.

The combined company would instantly become one of the leaders in the health insurance sector in the United States, with Cigna valued at approximately $83 billion and Humana at about $62 billion, according to the report.

Baha Breaking News (BBN) / MS