Babylon announces update on take private proposal

Austin, texas & london & lausanne, switzerland--(business wire)--after a thorough exploration of strategic alternatives, babylon holdings limited (nyse: bbln) (including its subsidiaries, “babylon”) is pleased to provide an update on the recapitalization transaction, previously announced on may 10, following receipt of a proposal from albacore capital llp on behalf of certain of its affiliates (“albacore”) and mindmaze group sa (“mindmaze”), and share that babylon has selected the previously an.
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