Centene, WellCare merger may close in H1 2020
Health insurer Centene Corporation said that the takeover of WellCare Health Plans might close earlier than expected. Centene said the process of regulatory approval “is ahead of schedule,” with only federal government and two states are yet to clear the merger. The $15.27 billion deal is projected to close in the first half of 2020. […]
SJW, Connecticut Water compete merger
Water utility SJW Group and Connecticut Water Service have said that they completed their $1.1 billion combination. SJW will become the third-largest water utility in the United States. Connecticut Water’s shares no longer trade on the NASDAQ stock exchange. Connecticut Water last year rebuffed a proposal from Eversource Energy. The target argued that the $70-per-share […]
UCB to acquire Ra Pharmaceuticals for $2.1B
Belgian drug plastics group UCB has agreed to buy United States-based clinical-stage company Ra Pharmaceuticals for $2.1 billion, the companies said. The deal will allow UCB to offer new immunology and neurology treatments for several rare diseases. UCB CEO Jean-Christophe Tellier highlighted that Ra Pharma is an excellent strategic fit in multiple areas of UCB’s […]
