Aetna to buy healthcare management services co Schaller Anderson for 535 mln usd |
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Published
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Fri, 25 May 2007 11:33
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LONDON (Thomson Financial) - US healthcare benefits company Aetna Inc said it will buy Schaller Anderson Inc, a private company that provides healthcare management services for Medicaid plans, for about 535 mln usd.Aetna said it expects the deal, which should complete in the third quarter, to be earnings accretive during 2008, adding the acquisition will be financed with available resources.Schaller Anderson also manages commercial self-funded health plans andbehavioral health services in select markets, Aetna said.tf.TFN-Europe_newsdesk@thomson.comwjCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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