UnitedHealth to acquire Chilean healthcare company for $2.8B

Minnetonka, Minn.-based UnitedHealth Group has signed a definitive agreement to acquire Banmedica SA, a health insurance and clinic operator in Chile, for $2.8 billion, according to Reuters.

UnitedHealth will offer 2,150 pesos ($3.47) per share, and Banmedica's two controlling shareholders will tender their combined 57 percent ownership in the company, according to the report.

The definitive agreement comes after the two companies inked a nonbinding agreement in September.

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