Renewable Energy

UnitedHealth gets FTC approval for DaVita deal - Forbes

UnitedHealth Group Inc has won Federal Trade Commission approval for its $4 billion buyout of the primary and urgent care unit of DaVita Inc, Forbes reported on Wednesday.

June 19 (Reuters) - UnitedHealth Group Inc UNH.N has won Federal Trade Commission approval for its $4 billion buyout of the primary and urgent care unit of DaVita Inc DVA.N, Forbes reported on Wednesday.

After the deal closes, UnitedHealth's Optum, the unit which houses its pharmacy benefits business, will gain access to a large network of nearly 300 medical clinics that treat more than 1.7 million patients annually.

(Reporting by Saumya Sibi Joseph in Bengaluru; Editing by Arun Koyyur)

((saumya.joseph@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 2290; Reuters Messaging: saumya.joseph.thomsonreuters.com@reuters.net))

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