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
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
Companies & Markets
Far East Hospitality Trust Q1 net property income rises 6% to S$25.1 million
Boeing gets a welcome respite with US$10 billion bond offering
Hong Kong vies with US in Bitcoin ETF market after crypto’s revival
Chevron CEO expects ExxonMobil arbitration resolved in coming months
Paramount replaces CEO with trio as it talks merger with Skydance
MicroStrategy posts loss on impairment charge, revenue declines