Health insurer UnitedHealth Group said it would buy a 90 percent stake in Amil Participacoes SA , Brazil's largest healthcare company, for about $4.9 billion in cash.
Amil provides health and dental benefits, hospital and clinical services and advanced care management resources to more than 5 million people, the companies said in a statement.
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The deal is expected to slightly add to UnitedHealth's 2013 earnings per share, the companies said.
(Reporting by Esha Dey in Bangalore; Editing by Saumyadeb Chakrabarty)