The Cigna Group (NYSE:CI) is in advanced talks to sell its Medicare business in an about-face for the health-insurance giant, which had been expanding its footprint in the fast-growing sector. Cigna, which has been running an auction for the business, known as Medicare Advantage, is now in exclusive talks to sell it to Health Care Service Corporation, a Mutual Legal Reserve Company for between $3 billion and $4 billion, according to people familiar with the matter.
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5-day change | 1st Jan Change | ||
338.8 USD | -1.26% |
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+1.19% | +13.14% |
06-13 | Cigna Insider Sold Shares Worth $338,080, According to a Recent SEC Filing | MT |
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1st Jan change | Capi. | |
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+13.51% | 126B | |
-22.28% | 43.14B | |
-8.84% | 36.31B | |
-15.75% | 18.11B | |
-28.67% | 2.49B | |
-14.98% | 1.45B | |
+37.59% | 630M |
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