Saturday, August 2, 2025
No Result
View All Result
marketmoversnews.net
  • Home
  • Mortgage
  • Real Estate
  • Financial
  • Stocks
  • Investing
  • Markets
  • Startups
  • Trading
  • Personal Finance
  • Home
  • Mortgage
  • Real Estate
  • Financial
  • Stocks
  • Investing
  • Markets
  • Startups
  • Trading
  • Personal Finance
No Result
View All Result
marketmoversnews.net
No Result
View All Result

Cigna, Humana scrap merger talks; Cigna planning major stock buyback (NYSE:CI)

December 10, 2023
in Financial
Reading Time: 2 mins read
0 0
A A
0
Home Financial
Share on FacebookShare on Twitter

[ad_1]

Cigna, Humana scrap merger talks; Cigna planning major stock buyback (NYSE:CI)

AndreyPopov

Cigna (NYSE:CI) and Humana (NYSE:HUM) have reportedly scrapped plans to merge after being unable to agree on monetary phrases, together with value.

Cigna will as an alternative hunt down bolt-on acquisitions and conduct a significant inventory buyback, based on The Wall Road Journal, which cited individuals near the matter. The Journal first reported the businesses had been in merger talks late final month.

Traders didn’t embrace the thought of a merger, with Cigna shares dropping 8% following information of an impending deal and trending decrease since. Humana shares have additionally taken a big hit.

The newspaper stated Sunday that the proposed deal would have had Cigna buying Humana in a cash-and-stock cope with a “massive” inventory element. As an alternative, Cigna now plans to conduct an extra $10B inventory repurchase, which might deliver the whole quantity of its deliberate buyback to $11.3B. The corporate is wanting to buy again a minimum of $5B in widespread inventory earlier than the top of the primary half of 2024.

Extra on Cigna, Humana, and so forth.

[ad_2]

Source link

Tags: BuybackCignaHumanamajormergerNYSECIplanningscrapStocktalks
Previous Post

Inheritance Question

Next Post

AI Will Change Everything (For Better or Worse)

Related Posts

March CPI higher than expected, housing prices rise
Financial

March CPI higher than expected, housing prices rise

April 15, 2025
Wipro Q4 Preview: Profit may dip 1% QoQ to Rs 3,319 crore; muted revenue likely despite mega-deal push
Financial

Wipro Q4 Preview: Profit may dip 1% QoQ to Rs 3,319 crore; muted revenue likely despite mega-deal push

April 15, 2025
IndusInd Bank notes Rs 1,979 cr hit to net worth due to derivatives lapse, impact to reflect in FY25
Financial

IndusInd Bank notes Rs 1,979 cr hit to net worth due to derivatives lapse, impact to reflect in FY25

April 15, 2025
UniCredit gains German cartel office nod for Commerzbank stake hike
Financial

UniCredit gains German cartel office nod for Commerzbank stake hike

April 15, 2025
Dolly Khanna adds over 5 lakh shares in this smallcap stock, raises stake to 2.18%
Financial

Dolly Khanna adds over 5 lakh shares in this smallcap stock, raises stake to 2.18%

April 15, 2025
Japan’s population falls by half million as birth rate stays low
Financial

Japan’s population falls by half million as birth rate stays low

April 15, 2025
Next Post
AI Will Change Everything (For Better or Worse)

AI Will Change Everything (For Better or Worse)

3 Mobile Home Stocks To Buy Now – TradersPro

3 Mobile Home Stocks To Buy Now – TradersPro

The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of December 11, 2023 | SMB Training

The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of December 11, 2023 | SMB Training

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Update on cyberattack at “Globes”

Update on cyberattack at “Globes”

July 26, 2024
Covering Her Mortgage in ONE Day with THIS

Covering Her Mortgage in ONE Day with THIS

December 23, 2024
Florida Housing Corp Income Limits & Purchase Price Limits in 2024

Florida Housing Corp Income Limits & Purchase Price Limits in 2024

April 14, 2024
FBAA welcomes Bluestone reducing clawbacks

FBAA welcomes Bluestone reducing clawbacks

August 15, 2024
Priced Out of New York, She Took Her 0,000 Budget to Philadelphia. Here’s What She Found.

Priced Out of New York, She Took Her $350,000 Budget to Philadelphia. Here’s What She Found.

December 20, 2024
Broke at 50? How to Retire On-Time (Or Early!)

Broke at 50? How to Retire On-Time (Or Early!)

December 20, 2024
FHFA rolls out mortgage fraud tip line

FHFA rolls out mortgage fraud tip line

April 15, 2025
March CPI higher than expected, housing prices rise

March CPI higher than expected, housing prices rise

April 15, 2025
Wipro Q4 Preview: Profit may dip 1% QoQ to Rs 3,319 crore; muted revenue likely despite mega-deal push

Wipro Q4 Preview: Profit may dip 1% QoQ to Rs 3,319 crore; muted revenue likely despite mega-deal push

April 15, 2025
Just Listed | 5150 N Ocean Drive #1201

Just Listed | 5150 N Ocean Drive #1201

April 15, 2025
Former Tesla supply chain leaders create Atomic, an AI inventory solution | TechCrunch

Former Tesla supply chain leaders create Atomic, an AI inventory solution | TechCrunch

April 15, 2025
IndusInd Bank notes Rs 1,979 cr hit to net worth due to derivatives lapse, impact to reflect in FY25

IndusInd Bank notes Rs 1,979 cr hit to net worth due to derivatives lapse, impact to reflect in FY25

April 15, 2025

Get the latest news and follow the coverage of Mortgage and Real Estate, Financial. Stocks, Investing, Trading and more from the trusted sources.

CATEGORIES

  • Financial
  • Investing
  • Markets
  • Mortgage
  • Personal Finance
  • Real Estate
  • Startups
  • Stock Market
  • Trading
Please enable JavaScript in your browser to complete this form.
By clicking the "SIGN UP FOR SMS UPDATES" button and submitting this form, I affirm that I have read and agree to this Site's Terms & Conditions and Privacy Policy. I consent to receive SMS text messages to my cell number provided above for notifications, alerts, and general communication purposes from FinancialsUp. I understand that I am not required to provide my consent as a condition of purchasing any products or services. I understand that I can opt-out of receiving text messages at any time by responding with STOP. I can reply with HELP to get help. Message and data rates may apply depending on your mobile carrier. Message frequency may vary.
Loading

LATEST UPDATES

  • FHFA rolls out mortgage fraud tip line
  • March CPI higher than expected, housing prices rise
  • Wipro Q4 Preview: Profit may dip 1% QoQ to Rs 3,319 crore; muted revenue likely despite mega-deal push
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Cookie Privacy Policy
  • Contact us

Copyright © 2023 marketmoversnews.net.
marketmoversnews.net is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Mortgage
  • Real Estate
  • Financial
  • Stocks
  • Investing
  • Markets
  • Startups
  • Trading
  • Personal Finance

Copyright © 2023 marketmoversnews.net.
marketmoversnews.net is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In