By Allison Prang 
 

The U.S. Federal Trade Commission has asked for more information regarding UnitedHealth Group's (UNH) proposed deal to buy DaVita Medical Group (DVA), DaVita Inc. said in a regulatory filing.

DaVita said that the FTC asked for more information on March 12 to review the deal, which still needs regulatory approval.

UnitedHealth's $4.9 billion cash deal to buy DaVita Medical Group was announced in December and would combine the group with the OptumCare division a part of Optum, which is part of UnitedHealth.

Shares of UnitedHealth and DaVita were flat premarket.

 

Write to Allison Prang at allison.prang@wsj.com

 

(END) Dow Jones Newswires

March 13, 2018 07:19 ET (11:19 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
UnitedHealth (NYSE:UNH)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more UnitedHealth Charts.
UnitedHealth (NYSE:UNH)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more UnitedHealth Charts.