(Reuters) – A group led by former AIG boss Maurice “Hank” Greenberg's Starr Investment Holdings said it would buy health insurance claims processor MultiPlan Inc.
Terms of the deal were not disclosed. A person familiar with the matter said the deal values MultiPlan at $4.4 billion.
MultiPlan, owned by BC Partners and Silver Lake, helps manage the claims process for big health insurers and has a network of over 900,000 healthcare providers.
Swiss investment firm Partners Group is the other lead investor in the deal.
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