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Arnold & Porter Advises on Historic $2 Billion Acquisition in Brazil

January 5, 2024

Arnold & Porter has played a pivotal role in the largest acquisition by an individual in Brazil's history, advising businessman Jose Seripieri Filho (known as Júnior) on his $2 billion acquisition of Amil, a leading healthcare operator with 31 hospitals and over 3.1 million customers.

This deal sets the stage for Júnior's strategic re-entry into the healthcare market, having previously founded Qualicorp, a health plan administration and brokerage service company.

The leveraged buyout transaction involves the purchase of Amil from United Health and includes R$2 billion in equity and R$9 billion in assumed liabilities. Amil is poised for transformation under new leadership, and the transaction represents bolstered prospects for growth and innovation in Brazil's healthcare sector.

The Arnold & Porter team was led by partners Carlos Lobo and Greg Harrington and included associate Kristen Acosta and attorneys Ana Ramazzotti and Renata Politanski.