Carlyle-Backed Meinian To Buy Out Rival Ciming Health

Shanghai-based health checkup firm Meinian Onehealth Healthcare (Group) Co. plans to acquire 72.22% of rival Ciming Health Checkup Management Group it does not already own for RMB2.7 billion (US$415 million), according to a disclosure document (in Chinese). Meinian Onehealth plans to issue new shares to finance the acquisition. After the completion of the deal, Ciming […]

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Read the original article: China Money Network