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U.S. FTC seeks more information on UnitedHealth's $5.4 bln acquisition of LHC

reuters.com · 06/10/2022 18:52
U.S. FTC seeks more information on UnitedHealth's $5.4 bln acquisition of LHC

- LHC Group Inc LHCG said on Friday that the company and UnitedHealth Group UNH have both received notices from the U.S. Federal Trade Commission (FTC) for additional information regarding their $5.4 billion deal.

UnitedHealth had in March announced it would buy LHC Group to expand its home health services. nL3N2VW2I0

LHC Group did not provide details on what was the additional information and documentary materials sought by the anti-trust agency.

The companies have been working cooperatively with the FTC and will continue to do so, LHC Group said in a regulatory filing.


(Reporting by Leroy Leo in Bengaluru; Editing by Maju Samuel)

((Leroy.Dsouza@thomsonreuters.com ; Twitter: https://twitter.com/LeroyLeo7;))