Click here to see Kentucky’s Blue Chip 25 in detail (PDF)
It has been a momentous year for the Kentucky Blue Chip 25 as the biggest chip of them all, health insurance and wellness services provider Humana, is in the process of being acquired by Aetna, a Connecticut insurance giant. The deal valued at $37 billion is expected to conclude successfully later this year.
Humana reported a very healthy 11.9 percent increase in revenue in its most recent year, growing from $48.5 billion to $54.29 billion.
Additionally, Lexmark International, the sixth-largest Kentucky public company recently announced it is being acquired and will be taken private by a Chinese consortium lead by Apex, also an imaging company.
Both companies expect to maintain virtually all their existing operations and personnel in the commonwealth.
International fast food restaurant operator and franchiser Yum! Brands saw a 1.4 percent decrease in revenue from $13.28 billion to $13.1 billion. That number easily kept it an number 2 on the Kentucky list, however.
After a series of sales and acquisitions of the hospitals it operates around the nation, Kindred Healthcare reported a 40 percent increase in revenue from $5.03 billion to $7.05 billion. This moved it from number 5 last year to number 3 in the latest Kentucky Blue Chip 25 list.
Ashland dropped from third to fourth after a 12 percent drop in revenue for the 2015 fiscal year, and General Cable dropped from fourth to fifth with a 29.3 percent decrease in revenue.
Tempur-Sealy moved from eighth to seventh, swapping positions with Brown-Forman, after growing its revenue 5.3 percent.
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