[ad_1] In today’s DNA, Sourabh Raaj Jain will analyse the proposed transformation in the health insurance sector. In today’s time, insurance, be it life insurance or health insurance, is essential for everyone. Since the COVID pandemic, awareness about health insurance has increased among people. The cost of new diseases and …
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Cigna shares jump on reports of abandoned Humana buyout, plans for $10 billion stock buyback
[ad_1] Sopa Images | Lightrocket | Getty Images Shares of Cigna jumped Monday following reports that the health-care giant has scrapped its plans to buy rival Humana due to disagreements on price, putting an early end to what would have been one of the largest deals of the decade. Cigna …
Read More »Flying solo without Cigna will keep Humana focused on 2 big priorities in the year ahead
[ad_1] It looks like Cigna has scrapped its takeover bid for Club holding Humana , removing a dark cloud over both stocks that’s lingered since the acquisition talks surfaced nearly two weeks ago. Cigna and Humana were unable to agree on an acquisition price and other financial terms, The Wall …
Read More »Jim Cramer blasts the prospect of a Humana-Cigna deal — it could never be approved by regulators
[ad_1] Jim Cramer urged Humana (HUM) not to pursue a merger with rival health insurer Cigna (CI), questioning the merits of a potential business combination and the likelihood of it passing U.S. antitrust review. Cigna and Humana could reach an agreement on a stock-and-cash transaction by the end of the …
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