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Humana to divest majority interest in Kindred at Home Hospice and Personal Care divisions

Humana has signed a definitive agreement with private investment firm Clayton, Dubilier & Rice to divest a majority interest in Humana's Kindred at Home subsidiary, KAH Hospice. Under the agreement, Humana will divest a 60% interest in KAH Hospice and receive cash proceeds of approximately $2.8 billion. Humana said it intends to use proceeds from the transaction for the ....

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