UnitedHealth’s $2.8 Billion Acquisition of Banmedica

Sullivan & Cromwell, Hogan Lovells, Carey, Brigard & Urrutia, Rodrigo, Elías & Medrano, Debevoise & Plimpton, Alcaíno Abogados and Claro & Cía advised on the deal

UnitedHealth Group Inc signed a definitive agreement to buy Chilean healthcare company Banmedica SA from Empresas Penta S.A. e Inversiones Santa Valeria Limitada for $2.8 billion, expanding the health insurer’s footprint in South America.

Banmédica S.A. provides healthcare services in Chile. It operates clinics, laboratories, medical centers, and medical rescue units. The company, led by Alejandro Danús Chirighin, Javier Equiguren Tagle, Ana María Rubio Lagos, Carolina Celis Fica and Eduardo Urrutia Hewstone also offers health insurance in Colombia and Peru.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company, led by David S. Wichmann, Stephen J. Hemsley, John F. Rex, Larry C. Renfro and Marianne D. Short, is based in Minnetonka.

Sullivan & Cromwell advised UnitedHealth Group with Keith Pagnani (Picture) Sergio Galvis, Werner Ahlers, Lucas Carsley, Mateo Aceves and Guillermo Arribas.

Hogan Lovells advised UnitedHealth Group with Evan Koster and Gregory Hafkin.

In Chile, Carey advised UnitedHealth Group with Jaime Carey, Cristián Eyzaguirre, Francisco Guzmán, Marco Antonio Muñoz, Manuel Alcalde, Nicolás Calderón, Sergio Mesías y Carlos Alcalde.

In Colombia, Brigard & Urrutia advised UnitedHealth Group with Sergio Michelsen, Jaime Robledo, Jeison Larrota, Natalia Gutiérrez de Larrauri, Luis Miguel Centanaro and María Villegas.

In Peru, Rodrigo, Elías & Medrano adised UnitedHealth Group with Jean Paul Chabaneix, Augusto Cáceres and Marco Zaldívar.

In US, Debevoise & Plimpton advised Empresas Penta and Santa Valeria with David Grosgold.

In Chile, Alcaíno Abogados advised Empresas Penta and Grupo Fernández Léon with Alfredo Alcaíno, Victoria Ripoll, Rodrigo Muñoz, Benjamín Alcaíno and Andrés Rodríguez.

In Chile, Claro & Cía. advised Santa Valeria with Rodrigo Ochagavía, Gerardo Otero, Andrés Del Sante, María Jesús Muñoz and Felipe Ríos.

 

Involved fees earner: Alfredo Alcaíno – Alcaíno Abogados; Victoria Ripoll – Alcaíno Abogados; Rodrigo Muñoz – Alcaíno Abogados; Benjamín Alcaíno – Alcaíno Abogados; Andrés Rodríguez – Alcaíno Abogados; Sergio Michelsen Jaramillo – Brigard & Urrutia; Jaime Robledo-Vásquez – Brigard & Urrutia; Jeison Larrota Acevedo – Brigard & Urrutia; Natalia Gutiérrez de Larrauri – Brigard & Urrutia; Luis Miguel Centanaro – Brigard & Urrutia; María Villegas Correa – Brigard & Urrutia; Jean Paul Chabaneix – Rodrigo, Elías & Medrano Abogados; Augusto Caceres – Rodrigo, Elías & Medrano Abogados; Marco Zaldívar – Rodrigo, Elías & Medrano Abogados; Jaime Carey – Carey; Cristián Eyzaguirre – Carey; Francisco Guzmán – Carey; Marco Antonio Muñoz – Carey; Manuel Alcalde – Carey; Nicolás Calderón – Carey; Sergio Mesías – Carey; Carlos Alcalde – Carey; David Grosgold – Debevoise & Plimpton; Rodrigo Ochagavía – Claro y Cia; Andrés Del Sante – Claro y Cia; María Jesús Muñoz – Claro y Cia; Felipe Ríos – Claro y Cia; Gerardo Otero – Claro y Cia; Evan Koster – Hogan Lovells; Gregory Hafkin – Hogan Lovells; Keith Pagnani – Sullivan & Cromwell; Sergio Galvis – Sullivan & Cromwell; Werner Ahlers – Sullivan & Cromwell; Lucas Carsley – Sullivan & Cromwell; Mateo Todd Aceves – Sullivan & Cromwell;

Law Firms: Alcaíno Abogados; Brigard & Urrutia; Rodrigo, Elías & Medrano Abogados; Carey; Debevoise & Plimpton; Claro y Cia; Hogan Lovells; Sullivan & Cromwell;

Clients: UnitedHealth Group; Empresas Penta S.A.; Santa Valeria SA;