Humana Inc. (HUM) announced that it has entered into a definitive agreement with a consortium of investors to divest all or substantially all of its minority interest in Gentiva, a provider of end-of-life services including hospice and palliative care. The agreement values Humana's stake at approximately $900 million, though other financial terms were not disclosed.
The company stated that it intends to use the proceeds from the sale for general corporate purposes. The transaction is expected to close in the third quarter of 2026, and Humana does not anticipate a material impact on its 2026 earnings from the pending deal.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.