.
MergerLinks Header Logo

New Deal


Announced

Completed

Centene Corporation has completed its acquisition of Health Net for $6.8bn.

Financials

Edit Data
Transaction Value£4,341m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

Completed

healthcare

Acquisition

Public

health plans

Health Care Services

Natural

Single Bidder

Synopsis

Edit

Centene Corporation, healthcare enterprise has completed its acquisition of Health Net, managed health care services for $6.8bn. The combination of Centene and Health Net would create a leading diversified multi-national healthcare enterprise. Centene is expected to continue to deliver attractive growth by offering a more comprehensive and scalable portfolio of innovative solutions focusing on uninsured and under-insured individuals. "This transaction ensures that we extend our competitive position as one of the largest plans covering government-sponsored programs in the country. With Health Net, we see opportunities to leverage our local approach more broadly to enhance our members’ access to higher quality healthcare services on a cost-effective basis and ensure measurable quality outcomes.” Michael F. Neidorff, Centene’s Chairman, President and Chief Executive Officer.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US