Hints and tips:
...Wachtell’s client Cigna wanted out of the tie-up. Laster ultimately forced Cigna to forfeit claims to a $1.85bn termination fee after the deal collapsed....
...But corporate money has begun trickling back into Republican coffers in recent months, including from the political giving arms of companies such as Cigna, Intel and T-Mobile....
...Cigna said it had “not wavered” from its commitments made after the January 6 attack....
...But there was a hint of a hoped-for second act in the following line, still written in the present tense: “Declan is a trusted adviser to many of the world’s leading CEOs and corporations.”...
...But a global assembly of 381 jolted corporations including Cigna, BP, FedEx and Alibaba are rallying against the proposition, arguing the relaxed rules could spark a flurry of activist campaigns, enabling...
...Sheila Bair, who previously chaired the Federal Deposit Insurance Corporation, was also named to the board....
...That is especially the case in Europe, where some of the continent’s most established corporations are facing calls to break up, slim down or sell off divisions....
...“Now the corporations can focus on going out, on going global. I think that means it will be a big year for Chinese companies doing overseas deals.”...
...(FT, Wired) US deal frenzy Fevered M&A activity in US healthcare — spurred by Amazon's move into the sector — continued as insurer Cigna said it would buy pharmacy benefit manager Express Scripts for $67bn...
...The biggest settlements yet came earlier this year, when Cigna, the health insurer, agreed to pay $35m, and International Paper $30m. But the defendants have won several important cases....
...Aetna and Cigna Corporation rose 3.7 per cent to $54.30 and 2.9 per cent to $64.75 respectively....
...India’s insurance industry is dominated by state-owned companies, which control 60 per cent of the general insurance market, while the state-run Life Insurance Corporation controls 65 per cent of the life...
...The deal values HealthSpring at $55 a share, and would give Cigna access to HealthSpring’s customer base....
...Cigna Corporation plans to form JV with Indian company American health insurance major Cigna Corporation plans to form a joint venture with an Indian company in the next three months to foray into the country...
...Cigna Corporation plans to form JV with Indian company American health insurance major Cigna Corporation plans to form a joint venture with an Indian company in the next three months to foray into the...
...In a separate development, Ms Sebelius maintained the pressure on the chief executives of United Health, WellPoint, Aetna, Health Care Services Corporation and Cigna by demanding that the executives publicly...
...Aetna advanced 4.7 per cent to $34.04, Cigna climbed 3.9 per cent to $37.19 and UnitedHealth added 2 per cent to $32.17. The technology sector was also up by more than1 per cent....
...Moodys Corporation, owner of the Moody’s credit rating agency, surged 11.1 per cent to $60.11 after it reported an 18 per cent increase in second quarter profit....
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