HBI Deals+Insights / News

Meinian turns up the heat on iKang

Chinese healthcare outpatient clinic group Meinian Onehealth Healthcare has increased its offer to rival iKang, which aims to delist from NASDAQ, to US$23.50 per American Depositary Share (ADS). This comes two weeks after iKang adopted a poison pill in response to Meinian's original counter-bid to take the group private, giving the right to its shareholders to buy more shares if Meinian manages to acquire a stake.

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