UnitedHealth Group to Sell Operations in Brazil

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 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.