U.S. health insurers Cigna and Humana are in talks to merge, a potential deal likely to face aggressive scrutiny from the U.S. Justice Department (DOJ) if antitrust history with similarly sized deals is any indication. The deal could exceed $60 billion in value.
Humana and Cigna are reportedly in talks for a potential merger that could reshape the health insurance industry. A deal could be finalized by the end of the year, The Wall Street Journal (WSJ) reported Wednesday (Nov. 29), citing unnamed sources.
Shares of Cigna Group (CI) and Humana Inc. (HUM) plummeted during intraday trading Wednesday after a report that the huge health insurance companies could merge.
Are two leading health insurance providers about to merge? That question has been on investors' minds today as speculation mounts that Cigna (NYSE: CI ) and Humana (NYSE: HUM ) are on the verge of an important deal.
Two of the biggest U.S. health insurers, Cigna and Humana , are in talks for what could be the largest merger announced this year, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
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