RIO DE JANEIRO, April 13 /PRNewswire-FirstCall/ -- The managements of Amil Participacoes S.A ("Amilpar") (BM&FBovespa: AMIL3, Bloomberg: AMIL3 BZ and APAR < GO >; Reuters: AMIL3 SA) and Medial Saude S.A. ("Medial"), in accordance with article 157, paragraph 4, of Law 6,404/76 (Brazilian Corporate Law) and CVM Instructions no. 358/02 and 319/99, and in addition to the Relevant Facts released on November 19, 2009 and April 5, 2010, inform its shareholders and the market that their Boards of Directors, in meetings held on April 12, 2010, approved proposal to submit to its shareholders corporate restructuring ("Restructuring") involving Amilpar and its subsidiaries, Amil Assistencia Medica Internacional S.A. ("Amil") and Medial, to be implemented in two subsequent steps. The first is the incorporation of the totality of Medial's shares by Amil Assistencia and the second is the incorporation of the totality of Amil Assistencia's shares by Amilpar, according to articles 224, 225, 252 and 264 of Law no. 6,404/76 (Brazilian Corporate Law), as applicable.
Amil Participacoes S.A. is the largest managed care organization in Brazil, according to the ANS, currently assisting over 5 million members.
Amil Participacoes S.A