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Medi Assist expects to fund the acquisition of Medvantage, formerly UnitedHealthcare Parekh Insurance TPA, with existing cash from its balance sheet.
The transaction was approved by the board of directors at each of the respective companies and is subject to receipt of regulatory approval and satisfaction of other customary closing conditions, according to a release.
This story is from the September 27, 2022 edition of Financial Express Mumbai.
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This story is from the September 27, 2022 edition of Financial Express Mumbai.
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