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5 more state regulators approve Centene's pending acquisition of WellCare

Centene Corp.'s pending acquisition of WellCare Health Plans Inc. has received regulatory approval in five more states.

The insurance departments of Arizona, Connecticut, Georgia, Ohio and Texas have now signed off on the deal, bringing the total number of states to approve the transaction to 24.

The companies continue to expect the transaction to close by the first half of 2020. Completion remains subject to clearance under the Hart-Scott-Rodino Act, receipt of the remaining required state regulatory approvals and other customary closing conditions.