financetom
Business
financetom
/
Business
/
Market Chatter: UnitedHealth Group Sold Business Stakes to Help Boost Profit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: UnitedHealth Group Sold Business Stakes to Help Boost Profit
Jul 15, 2025 4:39 AM

07:21 AM EDT, 07/15/2025 (MT Newswires) -- UnitedHealth Group ( UNH ) increased its 2024 profit by $3.3 billion by selling stakes in certain business units to firms such as Warburg Pincus and KKR (KKR) shortly before year-end, Bloomberg reported Tuesday, citing people familiar with the matter.

The sales, which were mostly completed by Dec. 31, were included in key profit metrics, while a $7.1 billion loss from its Brazil exit was excluded, the report said.

UnitedHealth ( UNH ) insisted on keeping the transactions private, giving some observers the impression that they were structured to help meet earnings targets, the report said. Without the gain, the company would have missed estimates for the first time in more than 15 years, the report added.

UnitedHealth ( UNH ) referenced the sales in its January earnings call, saying they lowered operating costs, and later disclosed the $3.3 billion gain in its annual report, without naming the assets sold, the report said.

UnitedHealth Group ( UNH ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
FOCUS-BP halts hiring, slows renewables roll-out to win over investors
FOCUS-BP halts hiring, slows renewables roll-out to win over investors
Jun 26, 2024
* BP imposes company-wide hiring freeze, sources say * BP pauses new large renewables investments * CEO eyes investments and acquisitions in oil and gas By Ron Bousso LONDON, June 27 (Reuters) - BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid...
India's Infosys settles insider trading charges with markets regulator
India's Infosys settles insider trading charges with markets regulator
Jun 26, 2024
BENGALURU (Reuters) - India's No.2 IT services exporter Infosys' CEO Salil Parekh has settled charges of violating provisions of insider trading, the country's markets regulator said on Thursday. Parekh agreed to pay 2.5 million rupees (around $30,000) for failing to have adequate controls to prevent insider trading, the Securities and Exchange Board of India said. ($1 = 83.5070 Indian rupees)...
BP halts hiring, slows renewables roll-out to win over investors
BP halts hiring, slows renewables roll-out to win over investors
Jun 26, 2024
LONDON (Reuters) - BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition strategy, sources at the company said. The moves, which have not previously been reported, are part of a decision by Auchincloss to slow down...
Asia M&A fees drop to 11-year low amid slow-cooked deals, data shows
Asia M&A fees drop to 11-year low amid slow-cooked deals, data shows
Jun 26, 2024
HONG KONG (Reuters) - Financial advisory fees from mergers and acquisitions in Asia dropped to the lowest levels in 11 years in the first half of 2024, with little signs of a quick rebound amid declines in both announced and completed deals. M&A fees in Asia totalled $1.5 billion in the first six months, the lowest since 2013, LSEG data...
Copyright 2023-2026 - www.financetom.com All Rights Reserved