The Portuguese Competition Authority clears merger in the market for health plan management services (Tranquilidade / United Health / AdvanceCare)

On 27 March 2008, the Portuguese Competition Authority (PCA) cleared the acquisition by Companhia de Seguros Tranquilidade SA (Tranquilidade) and Unitedhealth Group International Bv (UHGI), of joint control over Advancecare - Gestão de Serviços de Saúde SA (AdvanceCare), a company that provides health plan management services to insurance companies and to a private health subsystem. Tranquilidade is an insurance company which is active in the markets for life insurance, including health insurance. The company is owned by the Espírito Santo Financial Group, a financial institution

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Ricardo Oliveira, The Portuguese Competition Authority clears merger in the market for health plan management services (Tranquilidade / United Health / AdvanceCare), 27 March 2008, e-Competitions March 2008, Art. N° 21392

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