Deals
UnitedHealth Receives $610 Million Offer for Brazil Unit
- Tanure, Jose Seripieri Filho and Bain Capital made proposals
- Decision on the deal from US company expected to happen soon
This article is for subscribers only.
UnitedHealth Group Inc received an offer from local entrepreneur Nelson Tanure valuing its Brazil unit at 2.5 billion to 3 billion reais ($509 million to $610 million), people familiar with the matter said.
Private equity firm Bain Capital LP and another Brazilian entrepreneur, Jose Seripieri Filho, have also made acquisition proposals, the people said, asking not to be identified because negotiations are private. A decision from the US company about the offers is expected soon, though negotiations could end without a deal, the people said.