PE-backed group submits sweetened offer for China’s iKang
A PE-backed consortium that includes Meinian Onehealth has submitted a revised and improved proposal to acquire US-listed iKang Healthcare Group.
It came shortly after iKang's management planned a rights issue, or "poison pill" strategy, intended to thwart industry rival Meinian's bid. According to the latest filing, the Meinian's consortium is...
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