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Announced

Humana to acquire the remaining 60% stake in Kindred at Home from TPG Capital and WCAS for $5.7bn.

Synopsis

Humana, which operates as a health and well-being company in the United States, agreed to acquire the remaining 60% stake in Kindred at Home, a home health business, from private equity firms TPG Capital and Welsh, Carson, Anderson & Stowe for $5.7bn. “Since our initial investment in Kindred at Home, in partnership with the Sponsors and Kindred at Home management, we’ve learned a great deal about the home health space and recognize the significant value we can deliver to members and patients by integrating this asset into our holistic approach to care. Fully integrating Kindred at Home will enable us to more closely align incentives to focus on improving patient outcomes and on reducing the total cost of care,” Bruce D. Broussard, Humana President and CEO.

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