Centene Invests Larger Stake In European Healthcare
By Staff Reporter
Jul 18, 2019 07:48 AM EDT
Investors
Centene has increased its investment in Ribera Salud Group in Spain as the U.S. health insurer expands its international healthcare business.Centene said it now owns 90% of Ribera Salud, which provides "private management of government-sponsored healthcare in Spain and Slovakia," the company's website says. Centene, which purchased the stake from Banco Sabadell for an undisclosed amount, said the deal increases its investment from 50%.
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