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
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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.
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