Kindred Healthcare

History

2017: Sale to the company for $4 billion

On December 19, 2017 it was announced sale of Kindred Healthcare  for $4 billion. The company specializing in rendering services in rehabilitation of patients is bought by the American insurance giant Humana  and private investment  funds TPG Capital and Welsh, Carson, Anderson & Stowe.

Counting on one stock Kindred Healthcare acquisition value is $9 that is 4.7% more than a quotation rate to closing of the exchange on December 15, 2017. It is going by summer of 2017 execute all formalities concerning Kindred Healthcare sale.

The service provider on rehabilitation of patients of Kindred Healthcare is sold for $4 billion

Under the terms of the agreement, Humana will pay $800 million for purchase of a 40 percent share of division of Kindred at Home in which 40 thousand people who are looking after for 130 thousand patients every day work. Will be able to purchase the remained 60% of this business of Humana in three years after closing of the transaction.

The insurance company will not apply for other part of business of Kindred Healthcare connected with services of emergency aid and rehabilitation.

After an official design of sale of Kindred Healthcare two main divisions (services of patient care at home and ambulance) will become separate companies.

In Humana say that purchase of assets of Kindred Healthcare will allow to cut down expenses, to improve treatment of patients and a condition for control of chronic diseases.

As notes Reuters agency, the growing expenses on health care of steel for the USA a national problem therefore the authorities decided to cut down the costs for medicine that put pressure upon business of insurance companies. The last are forced to undertake measures for expansion of business and mastering of new segments, and Humana is to that an example. According to analysts, Humana is the purpose for absorption against the background of a consolidation wave in health care.^[1]

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