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News  ›  Benzinga

UnitedHealth Unwinds Last South America Asset In $1 Billion Banmedica Sale

Benzinga Logo Benzinga By Vandana Singh
UnitedHealth Unwinds Last South America Asset In $1 Billion Banmedica Sale

UnitedHealth Group has agreed to sell its remaining South American operation, Banmedica, to Brazilian private equity firm Patria Investments for $1 billion, continuing its strategy to streamline operations and exit Latin American markets.

Insights
FpD   positive

Committed $5 billion to EV investments, indicating continued market growth potential


UNH   neutral

The company is strategically divesting its South American assets after experiencing significant financial losses, indicating a calculated restructuring effort to improve overall business performance