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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.

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.

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

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