UnitedHealth to spend $2.8B to buy Chilean health care company

UnitedHealth Group Inc. has reached a deal to buy Chilean health care company Banm édica in a deal worth about $2.8 billion. Minnetonka-based UnitedHealth began talks with Banmédica several months ago and disclosed its deal to buy the company in a regulatory filing Friday. UnitedHealth said it expects the deal to close in the first quarter. Banmédica sells health insurance, operates hospitals and provides other services. It generated about $2.1 billion in revenue last year and has operations…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news