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Cigna closes $54 billion purchase of Express Scripts

Cigna Corp on Thursday closed its $54-billion deal to buy Express Scripts Holding Co, creating one of the biggest providers of pharmacy benefits and insurance plans in the United States, a combination it says will help it improve healthcare coordination and cut costs.

Japan Post to buy 7 percent of U.S. insurer Aflac

Japan Post Holdings Co Ltd on Wednesday said it will buy 7 percent of U.S. insurer Aflac Inc for about $2.4 billion, as the postal and financial conglomerate seeks new profit-drivers to counter weak growth prospects.

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