UnitedHealth Plans $1 Billion Exit from Latin America to Focus on U.S. Market

Reported about 11 hours ago

UnitedHealth Group is considering multiple bids to sell its Latin American operations, particularly its Banmedica subsidiary, as the company seeks to regain stability following recent challenges, including leadership changes and a criminal investigation. After struggling with losses in Brazil and Peru, UnitedHealth aims to finalize the sale for about $1 billion, receiving interest from several private equity firms. The urgency of this decision reflects the insurer's need to refocus on its U.S. market strategies.

Source: YAHOO

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