Centene Acquires Health Net, Healthcare Providers ETF's Not Moved

Centene Acquires Health Net, Healthcare Providers ETF's Not Moved

Centene announced that it will acquire its rival, Health Net, for $6.8 billion in cash & stock and assume $500 million in debt. Centene shareholders will own approximately 71% of the newly combined company, while Health Net shareholders will own about 29%. However, this deal may not be impressive enough to IHF investors with the current state of the sector's market.

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Anthem Offers $47 Billion Takeover, Cigna Quickly Rejects

Anthem Offers $47 Billion Takeover, Cigna Quickly Rejects

Rumors of mergers and acquisitions in the health care sector have been intensifying more and more. As insurers struggle to cut costs to offset new regulations and technological advances, mergers for many insurers are an increasingly attractive option.

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