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State regulators sign off on Centene's pending acquisition of WellCare

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State regulators sign off on Centene's pending acquisition of WellCare

Centene Corp.'s pending deal to acquire WellCare Health Plans Inc. has been approved by 17 state insurance regulators, the company said.

Regulators in Alabama, Arkansas, Florida, Kansas, Kentucky, Maine, Michigan, Mississippi, Missouri, Nebraska, New Hampshire, North Carolina, Oklahoma, South Carolina, Tennessee, Vermont and Washington have signed off on the transaction.

The deal is expected to close by the first half of 2020, subject to clearance under the Hart-Scott Rodino Act, other regulatory approvals and customary closing conditions.