Cigna has announced that it will acquire Express Scripts for $67 billion. That sum will include $15 billion in Express Scripts’ debt. “Cigna’s acquisition of Express Scripts brings together two complementary customer-centric services companies, well-positioned to drive greater quality and affordability for customers,” said Cigna’s President and Chief Executive Officer David M. Cordani. “This combination accelerates Cigna’s enterprise mission of improving the health, well-being and sense of security of those we serve, and in turn, expanding the breadth of services for our customers, partners, clients, health plans and communities.
Full press release here.