Amazon and UnitedHealth are among those who have submitted bids for Signify Health

UnitedHealth Group Inc (NYSE:UNH), Amazon.com Inc (NASDAQ:AMZN), CVS Health Corp (NYSE:CVS), and Option Care Health Inc (NASDAQ:OPCH) are bidding to acquire Signify Health Inc, Bloomberg News reported Sunday, citing two sources with knowledge of the situation.

According to Bloomberg, UnitedHealth has submitted the largest bid above $30 per share, followed closely by Amazon. According to Bloomberg, Signify will convene a board meeting on Monday to assess the proposals, with final bids expected on September 6.

Earlier, the Wall Street Journal reported that Amazon was competing in an auction for Signify, which has a potential value of over $8 billion.

Sunday, none of the companies responded to Reuters' requests for comment. Amazon stated that it does not comment on rumors.

Earlier this month, the Wall Street Journal reported that CVS Health Corp intended to acquire Signify in order to expand its in-home health services.

According to Refinitiv data, Signify has a market capitalization of around $4.97 billion as of Friday's closing stock price.