Cigna agrees to buy Express Scripts in major health care deal
Thursday, 8 March 2018 () Health insurance giant Cigna said Thursday that it has agreed to buy Express Scripts, the largest pharmacy benefit manager in the United States, in a $52 billion deal that would further reshape the health care industry. The deal is the latest in a recent wave of consolidation across the health care sector, which has been marked by spiraling costs and roiled by Amazon’s announcement in January that it was teaming up with Berkshire Hathaway and JPMorgan Chase to try to simplify coverage, a move that unsettled established industry players. The changes across the health care landscape come amid widespread frustration among U.S.
Cigna Buys Express Scripts in $54 Billion Deal In a statement on Thursday, Cigna said the price includes $48.75 billion in cash and 0.2434 shares of stock of the combined company per Express Scripts share. The move comes as more and more health-care companies attempt to lessen medical expenses by...
(Reuters) - U.S. health insurer Cigna Corp said on Thursday it would buy pharmacy benefit manager Express Scripts Holding Co in a $67 billion cash-and-stock... Reuters India - Business
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U.S. stocks staged a modest advance as fears of a global trade war eased. As Fred Katayama reports, President Donald Trump appeared to have softened his stance on trade tariffs. Source: Business Video Online -
U.S. health insurer Cigna is buying pharmacy benefits manager Express Scripts for about $53 billion, a tie-up that reflects pressure on healthcare companies to grow bigger to cut costs. Aleksandra.. Source: Rumble -
Mar.08 -- U.S. health insurer Cigna Corp. agreed to buy Express Scripts Holding Co. Bloomberg's Nabila Ahmed reports on "Bloomberg Markets." Source: Bloomberg Global Business -
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer is fond of Cigna's plans to purchase Express Scripts for $67 billion and thinks Cigna shares are a buy. "The accretion is so.. Source: The Street -
Mar.08 -- Bloomberg Gadfly's Brooke Sutherland and Bloomberg's Michael McKee discuss consolidation in the health care sector. They speak on "Bloomberg Daybreak: Americas." (Sutherland is a Bloomberg.. Source: Bloomberg Global Business -
Cigna is acquiring Express Scripts, the largest standalone pharmacy benefits manager, in a $67 billion deal that includes $15 billion of debt. Express Scripts is one of the three massive pharmacy.. Source: Wochit News -
Thursday, 8 March 2018 ()
