The controversial co-founder and former CEO of life insurance giant Conseco Inc. (now CNO Financial Group Inc.) spearheaded the purchase of a small life insurance company operated out of Texas and plans to gradually build up its operations here.
Heartland Food Products Group announced Tuesday that it plans to acquire low-calorie sweetener brand Splenda, creating the need for a major expansion at its Indianapolis-area operations.
Anthem Inc. has used the Blue Cross and Blue Shield brand names as a powerful tool on its way to becoming the nation’s second-largest health insurer. But those Blue brands now are a hurdle for Anthem’s $54.2 billion acquisition of Cigna Corp.
NCA Group Inc., an insurance-claims services firm that has been based in Fishers since its founding in 1984, has reached an agreement to be acquired by Hammond, Louisiana-based Worley Claims Services.
Mega-mergers among Anthem Inc. and its fellow health insurance giants could put pressure on provider-owned health plans such as Advantage Health Solutions and Indiana University Health Plans.
Anthem Inc.’s bid to become the largest health insurer in history is setting up one of the biggest debt offerings backing a takeover.
The company says its corporate headquarters will remain in Indianapolis, where its operations are responsible for contributing millions of dollars in corporate taxes and charitable giving.
The next challenge for Anthem Inc. in its quest to marry Cigna Corp. is to get its legal guardians to allow the ceremony to happen.
Cincinnati-based First Financial Bancorp has agreed to pay $110 million to acquire Indianapolis-based Oak Street Holdings Corp., a lender to insurance agents and brokers, the bank announced Thursday afternoon.
AT&T's purchase of DirecTV would create the country's largest provider of cable or satellite TV.
The deal will create a combined real estate investment trust that will own 35 casino and hotel facilities in 14 states, including three in Indiana.
Hurco closed on the purchase of Wisconsin-based machine maker Milltronics Manufacturing on Tuesday for about $13.3 million. On Wednesday, it entered into an agreement to acquire Taiwanese manufacturer Takumi Machinery for about $6.5 million.
Auburn Hills, Michigan-based BorgWarner Inc. announced plans Monday to buy Pendleton-based auto parts maker Remy International Inc.—the 12th largest public company in the Indianapolis area and the 25th largest in Indiana.
With Aetna Inc. and Humana Inc. agreeing to a $37 billion merger, pressure is mounting on the other major health insurers, including Cigna Corp. and Anthem Inc., to make their own deals.
It marks the second announced acquisition in less than a year for First Merchants, underscoring growth plans for the second-largest Indiana-based bank.
Anthem Inc.’s proposed $47 billion buyout of Cigna Corp. is the latest example of corporate deals that get hung up over executive egos and turf battles. For example, Anthem CEO Joe Swedish wants to lead the merged firm, to the chagrin of Cigna’s CEO.
The takeover game is rampant among U.S. health insurers and stock investors are filling the stands.
A victory by Anthem Inc. in its bid to buy Cigna Corp. could create regulatory hurdles for other insurers exploring deals as antitrust officials seek to hold the line on rising health care costs.
Cigna Corp. and Anthem Inc. are poised to do the biggest deal that the health insurance industry has ever seen—if their CEOs can get along.
Indianapolis-based Anthem Inc. said Monday that the merged companies would cover more than 53 million people combined, a total that easily surpasses that of current market leader, UnitedHealth Group Inc.
