Deals
Humana Sells Control of $3 Billion Hospice Unit to CD&R
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Humana Inc. agreed to sell control of a hospice business to buyout firm Clayton Dubilier & Rice for $2.8 billion in cash.
The health insurer will divest a 60% stake in its Kindred at Home unit’s hospice and personal-care divisions, it said in a statement Thursday, confirming an earlier Bloomberg News report.