LONDON (ShareCast) - (Sharecast News) - Health insurance firm UnitedHealth has reached a deal to acquire Change Healthcare for $7.84bn in cash as part of an effort to bolster its portfolio of healthcare technology services.
UnitedHealth will pay $25.75 per share for Change Healthcare, a premium of 41.2% to the stock's closing price on Tuesday.

The Minnesota-based firm expects the acquisition to add to roughly $0.50 to its adjusted earnings per share in 2022.

UnitedHealth highlighted that Change's platform, which manages revenue, payment cycles and clinical information, and Optum's data analytics solutions would both assist it to simplify clinical, administrative and payment processes.

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