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Saturday, October 6, 2012

UnitedHealth in talks with Brazil's Amil -source, (NYSE: UNH)

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 in 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 failed to comment on Saturday, saying it was company policy not to comment on rumors and speculation.

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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