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SAO PAULO, Dec 22 (Reuters) – The board of UnitedHealth Group approved the sale of its Brazilian health insurance operator Amil to businessman Jose Serpieri Filho, local newspaper Valor Economico said on Friday.
Amil has 5.4 million health and dental insurance beneficiaries in Brazil and its sale was in the making for years.
The businessman, who founded Qualicorp but left it in 2019, will also take over Amil’s past and future liabilities, according to the report.
(Reporting by Peter Frontini; Editing by Mark Porter)