MINNETONKA, Minn. & RIO DE JANEIRO--(BUSINESS WIRE)--
UnitedHealth Group UNH and Amil Participações S.A. (BM&FBOVESPA:
AMIL3) announced today that the companies have completed the first phase
of their combination. The combination is expected to create a new growth
platform for UnitedHealth Group's benefits and services companies and
will enable Amil to bring advanced technology, a tradition of
consumer-focused innovation, modern service and clinical programs to
further advance health care in Brazil.
Regulatory approval of the transaction was granted by the Brazilian
Healthcare Regulatory Agency, ANS, on October 22. UnitedHealth Group has
now purchased approximately 60 percent of Amil's outstanding shares from
controlling shareholders and management. The transaction is slated to be
finalized in the first half of
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