UnitedHealth, Amazon among bidders for Signify Health- reports – ET HealthWorld


UnitedHealth Group IncThere are bids for Amazon.com Inc, CVS Health Corp and Option Care Health Inc Signify Health IncBloomberg News reported on Sunday, citing two people with knowledge of the matter.

UnitedHealth Bloomberg said it submitted the highest bid of more than $30 per share, with Amazon’s offer trailing behind. Signify will hold a board meeting on Monday to discuss the bid, and a final bid is expected on Sept. 6, Bloomberg said.

This The Wall Street Journal It was previously reported that Amazon is bidding for Signify and is set for an auction sale that could be valued at more than $8 billion.

The companies did not respond to Reuters requests for comment on Sunday. Amazon said it does not comment on speculation, while UnitedHealth said it does not comment on rumors and speculation.

Earlier this month, the Wall Street Journal reported that CVS is looking to buy Signify as it looks to expand its home health services.

Signify has a market cap of about $4.97 billion, based on Friday’s stock closing price of $21.20, data from Refinitiv shows.

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