UnitedHealth Group Inc is in talks to purchase some or all of Brazilian insurer and hospital operator Amil Participacoes SA, according to a person familiar with the matter. The deal, which could be announced as soon as next week, would give the biggest U.S. health insurance company a foothold into a growing private-insurance market in the world's second-biggest emerging economy.Amil, with a market capitalization of $4.47 billion, is the largest health insurer in Brazil.UnitedHealth could not be reached for comment.Other insurers, such as Cigna Corp have been looking to foreign markets. Cigna inked several agreements recently to sell insurance in emerging markets including India, and has expanded its presence in Brazil and China.
Cigna Corporation (Cigna) is a holding company. Cigna is a global health service company, with insurance subsidiaries that are providers of medical, dental, disability, life and accident insurance and related products and services. Shares of CI fell by 0.67% or $-0.33/share to $48.85. In the past year, the shares have traded as low as $39.01 and as high as $49.89. On average, 2513170 shares of CI exchange hands on a given day and today's volume is recorded at 2333770.
UnitedHealth Group Incorporated (UnitedHealth Group) is a diversified health and well-being company. Shares of UNH fell by 1.45% or $-0.84/share to $57.13. In the past year, the shares have traded as low as $42.86 and as high as $60.75. On average, 6410360 shares of UNH exchange hands on a given day and today's volume is recorded at 6078474.
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