--UnitedHealth Group Inc. (UNH) bought pharmacy group Genoa Healthcare from Advent International, Bloomberg reported Thursday.

--UnitedHealth paid about $2.5 billion for the group, Bloomberg said, citing "a person familiar with the transaction."

--UnitedHealth will fold the company into its OptumRX group, the report said.

 

Full story: https://www.bloomberg.com/news/articles/2018-09-27/unitedhealth-purchases-pharmacy-genoa-healthcare-from-advent

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 27, 2018 18:54 ET (22:54 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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