Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Cigna Corporation    CI

CIGNA CORPORATION (CI)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets
OFFRE

Cigna Nears Deal to Buy Express Scripts

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/08/2018 | 05:24am CEST

By Dana Mattioli and Dana Cimilluca

Health insurer Cigna Corp. is nearing a deal to buy Express Scripts Holding Co., according to people familiar with the matter.

A deal could be announced as soon as Thursday, the people said. As of Wednesday, Express Scripts had a market value of $41 billion, meaning that with a typical premium the transaction could be worth $50 billion or more.

Terms of the expected deal couldn't be learned.

St. Louis-based Express Scripts is a pharmacy-benefit manager. Such companies serve as middlemen that help negotiate discounts with drug makers.

The combination would be the latest in a flurry of proposed tie-ups in the rapidly changing healthcare-services business.

Late last year, CVS Health Corp. inked a nearly $70 billion deal to buy Aetna Inc. In 2015, Aetna agreed to buy fellow health insurer Humana Inc. in a $37 billion deal that was later terminated following regulatory scrutiny. That same year, Cigna agreed to combine with Anthem Inc., a deal that was also blocked by regulators.

Late last year, Anthem said it would launch its own PBM, dealing a blow to Express Scripts, which is a partner of the health insurer.

Write to Dana Mattioli at dana.mattioli@wsj.com and Dana Cimilluca at dana.cimilluca@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
ANTHEM INC -0.58% 272.52 Delayed Quote.21.83%
CIGNA CORPORATION 0.45% 202.23 Delayed Quote.-0.42%
CVS HEALTH CORPORATION 0.25% 79.59 Delayed Quote.9.78%
EXPRESS SCRIPTS HOLDING CO -0.48% 94.58 Delayed Quote.27.33%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CIGNA CORPORATION
09/21CIGNA CORP : Entry into a Material Definitive Agreement, Creation of a Direct Fi..
AQ
09/18CIGNA : Expands Personalized Diabetes Prevention Program in Collaboration with O..
BU
09/18EXPRESS SCRIPTS : U.S. Regulators OK Cigna's $67 Billion Acquisition Of Express ..
AQ
09/17CIGNA CORP : Other Events, Financial Statements and Exhibits (form 8-K)
AQ
09/17EXPRESS SCRIPTS : US Regulators OK Cigna's $67 Billion Acquisition of Express Sc..
AQ
09/17CIGNA : Express Scripts Say Merger Cleared by U.S. DOJ
DJ
09/17CIGNA : U.S. Department of Justice Grants Clearance to Cigna’s Acquisition..
BU
09/14CIGNA : Foundation Donates $100,000 to American Red Cross for Hurricane Florence..
BU
09/14TODAY'S RESEARCH REPORTS ON TRENDING : Boston Scientific and Cigna
AC
09/13CRAIN'S CUSTOM MEDIA : And Cigna Announce Illinois' Healthiest Employers For 201..
PR
More news
News from SeekingAlpha
09/17Cigna/Express Scripts deal greenlit by DOJ 
09/17Premarket analyst action - healthcare 
09/12Cigna announces Cigna Ventures with $250M to fund transformative innovation a.. 
09/11Prescription drug middlemen behind cost increases - Bloomberg 
09/10Interactive Brokers - Strong U.S. Labor Market May Signal More Suffering For .. 
Financials ($)
Sales 2018 45 268 M
EBIT 2018 4 492 M
Net income 2018 3 155 M
Finance 2018 291 M
Yield 2018 0,03%
P/E ratio 2018 15,69
P/E ratio 2019 13,79
EV / Sales 2018 1,08x
EV / Sales 2019 0,95x
Capitalization 49 216 M
Chart CIGNA CORPORATION
Duration : Period :
Cigna Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CIGNA CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 226 $
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
David Michael Cordani President, Chief Executive Officer & Director
Isaiah Harris Chairman
Eric Palmer Chief Financial Officer & Executive Vice President
Alan M. Muney Chief Medical Officer & EVP-Total Health & Network
Mark L. Boxer Global Chief Information Officer & Executive VP
Sector and Competitors
1st jan.Capitalization (M$)
CIGNA CORPORATION-0.42%49 216
UNITEDHEALTH GROUP20.83%256 663
ANTHEM INC21.83%70 843
AETNA13.24%66 878
HUMANA36.11%46 531
CENTENE CORPORATION41.58%29 292