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UNH UnitedHealth Group Inc

520.32
-3.23 (-0.62%)
23 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
UnitedHealth Group Inc NYSE:UNH NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -3.23 -0.62% 520.32 526.28 520.65 522.82 2,299,275 01:00:00

UnitedHealth Group to Sell Operations in Brazil

29/12/2023 12:52pm

Dow Jones News


UnitedHealth (NYSE:UNH)
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By Dean Seal

 

UnitedHealth Group has agreed to sell its operations in Brazil to a private investor.

The healthcare and insurance company disclosed Friday that it expects to close the sale in the first half of next year and record a mostly non-cash $7 billion charge as a result, largely from the impact of foreign currency translation losses.

UnitedHealth expects that charge to dent its current annual profit outlook, but not the adjusted earnings guidance it gave at the end of last month, according to a securities filing.

 

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

December 29, 2023 07:37 ET (12:37 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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