Market Overview

Cigna To Acquire 51% Stake In Finans Emeklilik

Share:
Related CI
Stocks Hitting 52-Week Highs
Greenlight Capital Buys Yahoo!, Trims Apple, Sells BP in Q4
MGIC Investment Scales 52-Week High on Q4 Earnings Beat - Analyst Blog (Zacks)

Cigna (NYSE: CI) signed an agreement to acquire a 51% stake in Finansbank's insurance unit Finans Emeklilik for 85 million euros ($104 million).

Finans Emeklilik was founded in July 2007.

Cigna shares closed at $43.06 yesterday.

Posted-In: merger and acquisitionNews M&A

 

Related Articles (CI)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→