PE-backed China iKang Healthcare files for $150m US IPO
IKang Healthcare Group - the Chinese healthcare services provider whose backers include Singapore sovereign wealth fund GIC Private, Goldman Sachs and NewQuest Asia - is planning to raise up to $150 million in an initial public offering on NASDAQ.
Set up in 2004, Beijing-based iKang, provides medical examination services across a network of 42 medical centers. It primarily serves employees of its corporate customers but it also has individual clients....
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