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Thndr Claps » U.S. Claps » Health & Pharma💉 » Cano Health could sell 🏥

Cano Health could sell 🏥

by Omar El Shorafa
September 26, 2022
Cano, Claps, NYSE, Health

The Clap
Cano Health (NYSE: CANO) could consider selling the company after receiving acquisition interest.

The Deets
Poor performances in the past month have pushed Cano Health to possibly sell the company, with Humana Inc (NYSE: HUM) and CVS Health (NYSE: CVS) showing preliminary interest.

Background
Cano Health went public last year through a SPAC deal backed by billionaire Barry Sternlicht.

What Now
An acquisition agreement could possibly be reached in the coming weeks. Cano shares are up around 35% throughout the past week.

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