Cigna not in search of combine with Humana

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A show reveals the brand design and buying and selling information for Humana on the flooring on the New York Stock Exchange (NYSE) in New York City, UNITED STATE

Brendan Mcdermid|Reuters

Health insurance coverage agency Cigna Group acknowledged on Monday it’s not in search of a combination with peer Humana.

Shares of Cigna climbed 3.2% in premarket buying and selling, whereas Humana dropped nearly 3%.

Cigna acknowledged it could simply take into consideration purchases which might be “strategically aligned, financially attractive and have a high probability to close”.

Bloomberg News had really reported in October that Cigna had really revitalized initiatives to mix with the smaller sized opponent, after deserting the hunt late in 2015.



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