UNITEDHEALTH GROUP INC acquired Empresas Banmedica S.A. for CLP$2,150 per share; equity value about CLP$1.7 trillion (approximately US$2.8 billion), a transaction announced in December 2017, structured as all cash.
Empresas Banmedica S.A. operates in UnitedHealthcare (International), is based in Santiago, Chile (Chile, Colombia, Peru). Empresas Banmedica is a leading health care provider and insurer serving Chile, Colombia, and Peru, operating health plans, hospitals, and clinics in South America.
Building UnitedHealth Group's South American footprint through a leading integrated payer-provider platform, via a tender offer for 100 percent of shares.
Integrated payer-provider model in growing Latin American private health markets. UnitedHealthcare International / Optum
Advisory firms were not disclosed for this transaction.