TPG, Fosun target Chindex gets better buyout offer
Chindex International has received a take-private offer from an unspecified financial bidder that values the Chinese healthcare provider at around $414 million, exceeding an earlier offer submitted by TPG Capital and Fosun Industrial alongside the CEO.
The new bidder is willing to pay $23 per share for all outstanding American Depository Shares, compared to the $19.50 per share offer made by the TPG consortium in February. Chindex's independent committee...
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