April 23, 2018 / 11:24 AM / 5 months ago

Humana, PE firms to buy hospice operator Curo Health for $1.4 bln

April 23 (Reuters) - Humana Inc and a group of private equity firms will buy privately held hospice operator Curo Health Services for about $1.4 billion, the companies said on Monday.

The deal, which will give Humana a 40 percent interest in Curo, is anticipated to close in summer.

PE firms TPG Capital and Welsh, Carson, Anderson & Stowe are part of the consortium. (Reporting by Ankur Banerjee in Bengaluru Editing by Saumyadeb Chakrabarty)

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