Regulators in both Brazil and the United States have approved UnitedHealth Group's plan to buy a major stake of Amil Participacoes, an operator of hospitals and clinics that is also Brazil's biggest managed-care company, Bloomberg reports. The Minnetonka-based health insurer agreed to pay about $4.9 billion for the 90 percent stake in the company.
UnitedHealth announced its acquisition plans earlier this month.
Last week, UnitedHealth said its third-quarter net income jumped 23 percent and raised its 2012 earnings forecast.
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