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UnitedHealth exits Latin America with $1 billion Banmedica sale
short by / on Monday, 1 December, 2025
UnitedHealth agreed to sell its final South American asset, Banmedica, to Patria Investments for about $1 billion, completing a regional exit that began in 2022. The company bought Banmedica for $2.8 billion in 2018 and posted an $8.3 billion loss in 2024 tied to divestments. Banmedica serves 1.7 million members across Chile and Colombia. Retail sentiment on UNH remains bearish.
read more at Stocktwits