UnitedHealth in late talks to buy benefits manager Helios: report

UnitedHealth Group Inc. is in advanced talks to buy privately-held Helios in a deal that could value the benefits manager at as much as $1.7 billion, according to Bloomberg late Wednesday, citing people familiar with the talks. Helios is owned by private-equity firms Kelso & Co. and Stone Point Capital. The deal could be announced as early as this week, Bloomberg reported. UnitedHealth shares were flat at $119.78 after hours.

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