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Cigna not seeking mix with Humana


A display shows the logo design and trading info for Humana on the flooring at the New York Stock Exchange (NYSE) in New York City, UNITED STATE

Brendan Mcdermid|Reuters

Health insurance firm Cigna Group stated on Monday it is not seeking a mix with peer Humana.

Shares of Cigna climbed 3.2% in premarket trading, while Humana dropped virtually 3%.

Cigna stated it would just think about purchases that are “strategically aligned, financially attractive and have a high probability to close”.

Bloomberg News had actually reported in October that Cigna had actually revitalized initiatives to combine with the smaller sized opponent, after deserting the quest late in 2015.



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