UnitedHealth's (UNH +1%) purchase of 90% of Brazil's Amil Participacoes is a big step in its...

|About: UnitedHealth Group Inc. (UNH)|By:, SA News Editor

UnitedHealth's (UNH +1%) purchase of 90% of Brazil's Amil Participacoes is a big step in its international expansion, and analysts appear to like the deal as it expands UNH’s presence to the fast growing Brazilian health insurance market. Brazil is under penetrated in managed care (~25% of market vs. 80% in the U.S.), and its 1,600-plus firms create significant consolidation opportunities.