» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 36 | NO. 40 | Friday, October 5, 2012




UnitedHealth plans intl growth with $4.9B deal

The Associated Press

Print | Front Page | Email this story

UnitedHealth Group will spend about $4.9 billion to buy a Brazilian health benefits and hospital services provider, as the largest U.S. health insurer takes a big leap toward international growth.

UnitedHealth, based in Minnetonka, Minn., says it will acquire about 90 percent of the outstanding shares of Amil Participacoes SA. The purchase price drops to $4.3 billion when counting Brazilian tax benefits.

Amil Participacoes provides health and dental benefits and runs a care delivery network that includes 22 hospitals. UnitedHealth says it serves more than 5 million people.

UnitedHealth currently operates in 70 countries, and its services include expatriate coverage for people living outside their home countries. But a spokesman says the insurer's international operations are a relatively small slice of its total business.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0