UnitedHealth Group selling its health insurance, hospital business in Brazil ...Middle East

UnitedHealth Group said Friday it has agreed to sell its large health care business in Brazil to a private investor in a deal that’s expected to close in the first half of next year. The Minnetonka-based health care giant did not disclose a sale price for the division, which it acquired in 2012 for about $4.9 billion. UnitedHealth said in a regulatory filing that it expects to record a charge of approximately $7 billion that’s mostly non-cash and due to the impact of foreign currency translation losses. Amil, the Brazil operation, includes more than 5 million health and dental insurance subscribers as well as a large network of hospitals, clinics and laboratories employing more than 20,000

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Last updated : 29 Dec 2023 clock 05:04 PM

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UnitedHealth Group selling its health insurance, hospital business in Brazil ...Middle East

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