November 4, 2019 / 12:24 PM / 10 days ago

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

SAO PAULO, Nov 4 (Reuters) - Brazilian healthcare company Notre Dame Intermedica Participações 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. ($1 = 3.9797 reais) (Reporting by Tatiana Bautzer, editing by Louise Heavens)

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