Anthem close to acquisition of Cigna for 45 billion USD

Noam Stiekema

The American insurance company Anthem Inc is closer to acquisition of the competitor Cigna Corp for more than 45 billion USD. The deal among the companies in the top of US medical insurance, may be one of the biggest in this branch for the last decade. It is expected Anthem to pay 188 USD per […]

anthem bluecross merger

anthem bluecross mergerThe American insurance company Anthem Inc is closer to acquisition of the competitor Cigna Corp for more than 45 billion USD. The deal among the companies in the top of US medical insurance, may be one of the biggest in this branch for the last decade. It is expected Anthem to pay 188 USD per share of Cigna. The deal is still under negotiations and it is expected to be finally next week. The Anthem’s acquisition of Cigam will be a new attempt to reconfigure the top echelon of the managed healthcare industry companies.

The biggest insurance companies are looking for cost efficiency and economies from scale, as the landscape in healthcare is changing dramatically following the US health law and other factors. The deal will be concluded three weeks after the agreement of Aetna to buy Humana for 34 billion USD. Cigna was among the bidders for Humana, but he failed to meet the highest offer.

The only one company among the five largest health insurers, which is not included in the wave of mergers and acquisitions, is UnitedHealth Group Inc, which is the largest sector by volume of revenues. Of course if the regulators approve the above mentioned acquisitions the things in the industry will hardly change. Of course now the last word remain in anti-trust commission at US government.

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