Also the watched activity in the state of Nevada from the AMA referenced in prior posts...hey forget about "the Russians are coming", it's more like "the insurer's are coming"...as the larger firms continue to buy and purchase smaller companies both here in the US and abroad...welcome to club Aetna and club United...BD
Fiserv, Inc. a leading provider of information technology services to the financial and insurance industries worldwide, today announced it has signed a definitive agreement to sell substantially all of its Health businesses to UnitedHealthcare, a business of UnitedHealth Group (one of America's largest health care companies, for $775 million in cash. The transaction is anticipated to close by the end of 2007 or in the first quarter of 2008, subject to required regulatory approvals and customary closing conditions.
KMG shareholders approve buyout by Humana Minnetonka, Minn.-based KMG (NYSE: KMA) offers life and health-insurance products and services to about 1.1 million group and individual members nationwide. The company had about $181 million in revenue for 2006.
Healthcare services group United Drug has acquired UK pharmaceutical conference services company Procon Conferences for £4.2m sterling. The North Yorkshire-based company provides full corporate event management services targeted specifically at the pharmaceutical and healthcare sector. It employs 28 people, all of whom will stay on the business.
DUBLIN, Nov 20 (Reuters) - Irish healthcare services company United Drug Plc said on Tuesday it had bought UK pharmaceutical conference services company Procon Conferences Ltd for up to 5.4 million pounds ($11.14 million). The Dublin-based wholesaler which supplies drugs and medical equipment to pharmacies and hospitals in Ireland and Britain, said it was paying 4.2 million pounds and a further 1.2 million pounds if agreed targets are met over the next year.
From last month: Aetna purchase of Goodhealth in the UK