'Cigna Group Working With Investment Bank To Explore Sale Of Medicare Advantage Business' - Reuters News
Portfolio Pulse from Benzinga Newsdesk
Cigna Group is reportedly working with an investment bank to explore the sale of its Medicare Advantage business, according to sources cited by Reuters.
November 06, 2023 | 4:37 pm
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NEUTRAL IMPACT
Cigna Group is considering selling its Medicare Advantage business. This could potentially lead to a change in the company's revenue structure.
The sale of the Medicare Advantage business could lead to a significant change in Cigna's revenue structure. However, without more details on the potential buyer and the deal's terms, it's difficult to predict the exact impact on the company's stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100