UnitedHealth to sell Brazil operations; expects ~$7B charge, confirms adjusted EPS view

UNITEDHEALTH GROUP INC

Agreed to sell Brazil operations to a private investor; expected close H1 2024 subject to regulatory conditions.
Expects to record ~$7B charge upon closing, mostly non-cash from cumulative FX translation losses; excluded from adjusted earnings.
Confirms 2024 adjusted earnings outlook from Nov 29 Investor Conference; net earnings outlook impacted by charge.

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