Cigna rises after saying it is not pursuing combination with Humana
** Health insurer Cigna's CI.N shares rise 9.18% to $349.11, while peer Humana's shares fall 8% to $265 premarket
** Cigna says not pursuing a combination with Humana
** Cigna says it "remains committed to its established M&A criteria and would only consider acquisitions that are strategically aligned, financially attractive, and have a high probability to close"
** Bloomberg News reported in October that Cigna revived efforts to merge with Humana after abandoning the pursuit late last year
** Up to last close, Cigna up ~7% YTD, while Humana down ~37% YTD
Reporting by Sriparna Roy in Bengaluru
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