Greenberg’s Starr leads $4.4 billion MultiPlan acquisition

Your Health Matters

Former AIG CEO Greenberg testifies on Capitol Hill in WashingtonFormer AIG boss Maurice "Hank" Greenberg's Starr Investment Holdings LLC said on Monday it had agreed to take over health insurance claims processor MultiPlan Inc in what is by far its biggest private equity investment to date. Financial terms were not disclosed, but a person familiar with the matter said the deal values MultiPlan at around $4.4 billion. Since its launch in 2012, all of Starr Investment Holdings' previous private equity deals have been below $1 billion. The deal underscores Greenberg's reinvention as a prominent dealmaker.

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