Amil Wraps up Tag Along

Amil, the Brazilian healthcare provider, says it has concluded a tag-along offer to minority shareholders of Medial Saude, the insurer it agreed to acquire for BRL612m in November. The tender to minority holders cost Amil BRL557m. It involved the purchase of the remaining 45% of the company’s shares it did not own at BRL17.50 per unit, which equals the price per share paid in November adjusted by the Selic.