TPG, Fosun set for $369m China healthcare take-private
TPG Capital and Fosun Industrial have teamed up with the CEO of Chinese healthcare provider Chindex International have won board approval to privatize the NASDAQ-listed company. The deal values Chindex at approximately $369 million.
The buyer consortium will pay $19.50 in cash for all outstanding shares, a 17% premium to the previous close. They will finance the transaction through cash from TPG, a combination of cash and equity from...
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