Carlyle, Chinese strategic buy stake in clinical labs player Adicon
The Carlyle Group and Chinese healthcare services provider Meinian Onehealth have together invested in Adicon Holding, a local independent clinical laboratory (ICL) provider. Carlyle is now the company's single largest shareholder.
Financial details of the transaction were not disclosed, but Shenzhen-listed Meinian announced last month that it would pay $22 million for a 5% stake in Adicon, implying an overall valuation of $440 million....
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