A PYMNTS Company

US: Is an Anthem & Cigna $48 billion deal coming?

By  |  July 23, 2015

US health insurer Anthem Inc is close to finalizing negotiations to acquire peer Cigna Inc and could announce a roughly $48 billion deal as early as this week, two people familiar with the matter said.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The deal would follow Aetna Inc’s $37 billion agreement earlier this month to acquire Humana Inc, potentially reducing the number of major U.S. insurance companies from five to three and attracting antitrust scrutiny.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Most issues that were preventing Anthem and Cigna from reaching a deal, such as price and the role of Cigna Chief Executive David Cordani, have been resolved, the people said.

    Full content: Bloomberg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.