Humana Inc.

-2.88 (-0.63%)
Debt Financing / Related, Divestitures / Spin-offs, Other Pre-Announcement

Humana Announces Agreement To Acquire Remaining 60 Percent Interest In Kindred At Home, Accelerating Integration Of The Nation’S Largest Home Health Provider Into Humana’S Payer-Agnostic Healthc

Published: 04/27/2021 21:12 GMT
Humana Inc. (HUM) - Humana Announces Agreement to Acquire Remaining 60 Percent Interest in Kindred at Home, Accelerating Integration of the Nation’s Largest Home Health Provider Into Humana’s Payer-agnostic Healthcare Services Platform.
Humana Inc - Deal for Enterprise Value of $8.1 Billion.
Humana Inc - Humana Intends to Divest Majority Stake in Kindred at Home's Hospice and Community Care Operations.
Humana Inc - Humana Expects to Fund Approximately $5.7 Billion Transaction Through a Combination of Parent Company Cash and Debt Financing.
Humana Inc - Enterprise Value Includes Humana's Existing Equity Value of $2.4 Billion Associated With Current 40% Minority Ownership Interest.
Humana Inc - Company Does Not Anticipate a Material Impact to Earnings in 2021 From Pending Transaction.
Humana Inc - Kindred at Home's Home Health Business to Be Integrated Into Humana's Home Solutions Business.
Humana Inc - Expects Transaction to Provide Modest Additional Financial Flexibility for 2022.
Humana Inc - to Acquire Remaining 60% Interest in Kindred at Home From Tpg Capital and Welsh, Carson, Anderson & Stowe.