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Cigna says it is not pursuing combination with Humana
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Cigna says it is not pursuing combination with Humana
Nov 11, 2024 5:02 AM

Nov 11 (Reuters) - Health insurer Cigna Group ( CI )

said on Monday it is not pursuing a combination with peer Humana

.

Shares of Cigna ( CI ) rose 3.2% in premarket trading, while Humana

fell nearly 3%.

Cigna ( CI ) said it would only consider acquisitions that are

"strategically aligned, financially attractive and have a high

probability to close".

Bloomberg News had reported in October that Cigna ( CI ) had

revived efforts to merge with the smaller rival, after

abandoning the pursuit late last year.

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