U.S. private equity firm TPG is close to acquiring UnitedHealth’s Optum UK business, in a deal worth between 1.2 billion pounds ($1.62 billion) and 1.4 billion pounds, Sky News has reported. Optum’s UK business supplies electronic patient record systems to most of Britain’s general practitioners. TPG could seek to combine Optum UK with Nextech, a U.S.-based electronic medical record software provider also owned by the PE firm, the report said. Bank of America is advising on the latest sale process, which also drew interest from other buyout firms, including Blackstone, Sky reported.
Read the full article: TPG in Talks to Buy UnitedHealth’s Optum UK Unit, Sky News Reports //
Source: https://www.yahoo.com/news/articles/tpg-talks-buy-unitedhealths-optum-141110554.html