November 4, 2019 / 12:34 PM / 15 days ago

Brazilian healthcare co Notre Dame Intermedica buys Clinipam for $653 million

SAO PAULO (Reuters) - Brazilian healthcare company Notre Dame Intermedica Participações (GNDI3.SA) announced onMonday the acquisition of medical health insurance company Clinipam for 2.6 billion reais ($653 million).

The deal will bring it 333,000 new customers and revenues of 635 million reais a year, Intermedica said in a statement.

Reporting by Tatiana Bautzer, editing by Louise Heavens

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