SUBSCRIBERS

PE firm EQT backs HMI's S$0.73 per share privatisation offer

The deal, by way of a scheme of arrangement, values the private healthcare provider at S$611m

Published Fri, Jul 5, 2019 · 09:50 PM

Singapore

THE management of Health Management International (HMI), together with private equity firm EQT, is offering to delist the private healthcare provider by way of a scheme of arrangement.

The privatisation deal values HMI at S$611 million, and minorities can either accept S$0.73 in cash for each HMI share, or swap them for new shares in the offeror, issued at S$0.73 per share.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes