Babylon proceeds with previously announced transaction and announces the receipt of continued listing standards notice from nyse and upcoming delisting

Austin, texas & london--(business wire)--babylon holdings limited (the “company” or “babylon”) (nyse:bbln) previously announced in its june 23, 2023 press release that the company has received a proposal from albacore capital llp ("albacore") and mindmaze group sa ("mindmaze") pursuant to which core operating subsidiaries of the company would be transferred to mindmaze (the “proposed transaction”). the closing of the proposed transaction is expected in july 2023 and is subject to agreed documen.
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