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Cigna completes sale of Asia Pacific assets to Chubb at a lower final price

Jul. 01, 2022 7:08 AM ETChubb Limited (CB) StockCIBy: Dulan Lokuwithana, SA News Editor1 Comment

M&A word made with building blocks

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  • Chubb (NYSE:CB) announced on Friday that the company completed the acquisition of certain insurance businesses previously owned by managed care company Cigna (CI) in Asia Pacific for $5.36B, a lower price than the initial

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CI should retire debt and shares with the $5.75 B.

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