U.S. M&A Lending Hits Record $129B

Reuters reported a half-year record of $129 billion in lending to top U.S. companies for M&A activities thanks to record fee income.

Morgan Stanley, MUFG Support Cigna $67B Express Scripts Buy

Cigna will acquire Express Scripts in a cash and stock transaction valued at approximately $67 billion, including Cigna’s assumption of approximately $15 billion in Express Scripts debt.

BofA, Credit Suisse, UBS Commit to Support Anthem Acquisition

Anthem announced it will buy rival health insurer Cigna in a deal valued at $54.2 billion. Anthem said committed financing will be provided by Bank of America, Credit Suisse and UBS Investment Bank to support the acquisition.