UnitedHealth Group agrees to buy Change Healthcare in a deal that values the health technology company at more than $13 billion.
The deal is expected to close in the second half of 2021. Private-equity funds affiliated with Blackstone Group that owns about 20% of Change Healthcare’s common stock have agreed to vote in favor of the deal, which is expected to boost UnitedHealth’s adjusted per-share earnings by 50 cents in 2022, the companies said.
The acquisition is the second major healthcare deal in the first week of 2021. Centene Corporation announced that it has agreed to buy Magellan Health in a $2.2 billion tie-up.