Health
Cigna Resumes Merger Discussions with Humana After Talks Ended Last Year
- Shares of Humana gain 5.6%, while Cigna’s fall further
- Talks between the insurers fell apart last year over price
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Cigna Group has revived efforts to combine with its smaller rival Humana Inc. after merger talks fell apart late last year, according to people familiar with the matter.
The two health insurance giants, with a combined market value of more than $125 billion, have held informal discussions recently about a potential deal, said the people who asked to not be identified because the talks aren’t public. The discussions are in early stages, they added.