Centene $6.8 billion acquisition of Health Net

26/3/2016
Public acquisition

$ 6.8 billion

Completed

26/3/2016


Overview:

  • Centene, a St. Louis, Missouri-based healthcare company, has acquired Health Net, a Los Angeles, California-based health insurance provider. 
  • The transaction is worth $6.8 billion.
  • Health Net shareholders received .622 shares of Centene common stock and $28.25 per a share of Health Net common stock.
  • Upon the completion of the transaction, Health Net delisted from the New York Stock Exchange. 

Rani Mehta - Journalist 

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Healthcare