M&A Deal Summary |
|
|---|---|
| Date | 2019-12-18 |
| Target | Cigna - Group Life and Disability Insurance Business |
| Sector | Insurance |
| Buyer(s) | New York Life Insurance Company |
| Sellers(s) | Cigna |
| Deal Type | Divestiture |
| Deal Value | 6.3B USD |
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| Category | Company |
|---|---|
| Founded | 1845 |
| Sector | Insurance |
| Employees | 12,000 |
New York Life Insurance Company is a US mutual-life insurance company. New York Life was formed in 1845 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2019) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-04 |
Credit Value Partners
New York, New York, United States Credit Value Partners LP is a specialist boutique with opportunistic and distressed debt and high yield corporate credit investing capabilities. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1792 |
| Sector | Healthcare Services |
| Employees | 71,000 |
| Revenue | 180.6B USD (2022) |
Cigna is a health services organization. Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance. Cigna dates back to 1792 and is based in Bloomfield, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 1 of 4 |
| State (Connecticut) | 1 of 2 |
| Country (United States) | 1 of 3 |
| Year (2019) | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-08 |
Express Scripts Holding
St. Louis, Missouri, United States Express Scripts Holding Co. is a provider of integrated pharmacy-benefit management services. Services include network-pharmacy claims processing, home delivery, specialty benefit management, benefit-design consultation, drug-utilization review, formulary management, and medical and drug data analysis services. Express Scripts Holding Co. was formed in 1986 and is based in St. Louis, Missouri. |
Buy | $67.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-22 |
Cigna - Texas Medicaid & Medicare-Medicaid Plan Contracts
Texas, United States Cigna’s Texas Medicaid Contracts provides managed healthcare services. |
Sell | $60M |
