Saturday, January 28, 2023
  • Login
CEO North America
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
CEO North America
No Result
View All Result

CVS will acquire Signify Health for about $8 billion

in News
Cvs plans to find a partner to grow into primary care
Share on FacebookShare on Twitter

CVS Health has reached a deal to acquire Signify Health for about $8 billion, both companies said Monday.

CVS said it will pay $30.50 a share in cash for home health care services firm Signify, an acquisition that would build on its growing services. The announcement comes as competitors move further into the health-care sector.

“This acquisition will enhance our connection to consumers in the home and enables providers to better address patient needs as we execute our vision to redefine the health care experience,” CVS Health President and CEO Karen Lynch said in a news release. “In addition, this combination will strengthen our ability to expand and develop new product offerings in a multi-payer approach.”

The deal is subject to approval from Signify Health’s shareholders and is expected to close in the first half of 2023.

Signify Health’s shares have surged nearly 45% over the last month to give it a market value of about $6.7 billion at $28.77 a share as of Friday’s close.

Signify Health CEO Kyle Armbrester will continue in his role after the deal closes.

Tags: CVS HealthKaren LynchKyle ArmbresterSignify Health

Related Posts

Ford recalls 462,000 vehicles for rear camera display failure
News

Ford recalls 462,000 vehicles for rear camera display failure

Us inflation and consumer spending fall for 2  straight months
News

US inflation and consumer spending fall for 2 straight months

Intel’s ‘historic collapse’ triggers selloff in chip stocks
News

Intel’s ‘historic collapse’ triggers selloff in chip stocks

Morgan stanley penalizes employees for whatsapp breaches
News

Morgan Stanley penalizes employees for WhatsApp breaches

Fewer americans file for jobless claims last week
News

Fewer Americans file for jobless claims last week

Boeing to be arraigned in court over two max jet crashes
News

Boeing to be arraigned in court over two Max jet crashes

Ad spending on twitter falls more than 70% in dec
News

Ad spending on Twitter falls more than 70% in Dec

Bank of canada raises rates, signals pause
News

Bank of Canada raises rates, signals pause

Microsoft cloud outage impacts users worldwide
News

Microsoft cloud outage impacts users worldwide

Walmart to raise its minimum wage for u. S. Hourly workers to $14
News

Walmart to raise its minimum wage for U.S. hourly workers to $14

No Result
View All Result

Recent Posts

  • Ford recalls 462,000 vehicles for rear camera display failure
  • US inflation and consumer spending fall for 2 straight months
  • Zoom fatigue finally revives travel for in-person company meetings
  • Fast food fans may face liver damage
  • Food delivery wars: Duke professor says there’s a better way

Recent Comments

    Archives

    Categories

    • Art & Culture
    • Business
    • CEO Interviews
    • CEO Life
    • Editor´s Choice
    • Entrepreneur
    • Environment
    • Food
    • Health
    • Highlights
    • Industry
    • Innovation
    • Issues
    • Management & Leadership
    • Multimedia
    • News
    • Opinion
    • PrimeZone
    • Printed Version
    • Travel
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials – stuart.james@ceo-na.com

    Editor-In-Chief – caroline.sposto@ceo-na.com

    Editorials – editorials@ceo-na.com

    Advertising – media@ceo-na.com

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

     

    MEXICO CITY

    Paseo de la Reforma 296,
    Floor 38
    Mexico City
    06600
    MEXICO

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials –
    stuart.james@ceo-na.com

    Editor-In-Chief –

    caroline.sposto@ceo-na.com

    Editorials – editorials@ceo-na.com

    Advertising –
    media@ceo-na.com

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

    MEXICO CITY

    Paseo de la Reforma 296,
    Floor 38
    Mexico City
    06600
    MEXICO

    CEO North America © 2022 - Sitemap

    No Result
    View All Result
    • Home
    • Business
      • Entrepreneur
      • Industry
      • Innovation
      • Management & Leadership
    • CEO Interviews
    • CEO Life
      • Art & Culture
      • Food
      • Health
      • Travel
      • Environment
    • Opinion
    • News
    • Multimedia

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In