Humana and different doable consumers are circling Cano Well being in keeping with individuals acquainted with the state of affairs, as healthcare heavyweights scramble to snap up primary-care suppliers.
The talks are severe and a deal to buy Cano may very well be struck within the subsequent a number of weeks, assuming the negotiations don’t collapse, a number of the individuals mentioned.Cano shares, which had been down almost 7%, turned constructive and had been up 42% after The Wall Avenue Journal reported on the talks, giving the corporate a market worth of almost $5 billion.