JUNE
20, 2019 / 6:10 PM / 4 DAYS AGO
(Reuters) - UnitedHealth
Group Inc has agreed to buy healthcare payments firm Equian LLC from its
private-equity owner New Mountain Capital for about $3.2 billion, the Wall
Street Journal reported on Thursday, citing people familiar with the matter.
The sale to the U.S.
health insurer is the culmination of a months-long auction process, WSJ said.
It is likely that
UnitedHealth would merge Equian into its Optum unit, it added.
“We don’t comment on
market rumors and speculation,” a UnitedHealth spokesman told Reuters.
Equian did not respond
immediately to a request for comment.
UnitedHealth on
Wednesday won the Federal Trade Commission’s approval for its acquisition of
DaVita Inc’s primary and urgent care unit, which will be rolled into the
company’s Optum Unit.
In April, Bloomberg
reported that New Mountain Capital was weighing a sale of Equian.
Reporting by Bhargav Acharya in Bengaluru; Additional reporting
by Kanishka Singh; Editing by Cynthia Osterman and Richard Chang
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