The Cigna Group has reportedly revived merger discussions with Humana, according to a recent Bloomberg report. Sources familiar with the matter have indicated that informal talks have resumed, though they remain in the early stages.

Before pursuing any merger, Cigna is focused on completing the sale of its Medicare Advantage business, which is seen as a key step in simplifying the transaction. While talks are ongoing, the companies have yet to reach any formal agreement, and there is a possibility they may decide against a deal or push discussions into the new year.

Following the news, Humana’s stock saw an uptick, while Cigna’s shares dropped by about 5%, reflecting mixed investor sentiment. Despite this, the divestiture of Cigna’s Medicare division could ease regulatory concerns, potentially paving the way for a smoother merger process, especially in relation to Humana’s Medicare Advantage business.

Stay tuned for further updates as the situation develops. | The Cigna Group