Babylon Health Merger News

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Babylon Shuts Down US Operations After Rescue Merger Falls Apart

(9 days ago) WEBThis week, virtual care company Babylon Health permanently closed its U.S. operations and laid off 94 employees. The news came after the company's rescue …

https://medcitynews.com/2023/08/babylon-telehealth-layoffs/

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Babylon shareholders wiped out in restructuring deal - Financial …

(3 days ago) WEBFounded in 2013 by British-Iranian entrepreneur Ali Parsa, Babylon Health’s GP at Hand app is used by around 100,000 patients in the UK to access NHS general …

https://www.ft.com/content/ce42bcb7-d9ee-4667-910a-b6c7a419449b

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Babylon closes US business as rescue merger deal fails

(1 days ago) WEBUK-headquartered Babylon went public in 2021 via a merger with a special purpose acquisition company (SPAC), starting out with a share price of almost $243 and …

https://pharmaphorum.com/news/babylon-closes-us-business-rescue-merger-deal-fails

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Two Babylon Health divisions have been sold to eMed

(8 days ago) WEBBabylon went public in 2021 via a merger with a special purpose acquisition company (SPAC), starting out with a share price of almost $243 and a market cap of …

https://pharmaphorum.com/news/two-babylon-health-divisions-have-been-sold-emed

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Babylon Health cuts 94 employees in Austin, shuts down US …

(2 days ago) WEBAustin American-Statesman. Health technology company Babylon Health is shutting down its operations in the United States, including its Austin headquarters, …

https://www.statesman.com/story/business/2023/08/10/amid-failed-merger-babylon-health-cuts-94-in-austin-shuts-down-u-s-operations/70566802007/

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Telehealth startup Babylon to go public via $4.2 billion SPAC deal

(7 days ago) WEBJune 3, 202110:14 AM PDTUpdated 3 years ago. June 3 (Reuters) - British online health startup Babylon Health said on Thursday it has agreed to go public in the United States …

https://www.reuters.com/technology/online-health-startup-babylon-go-public-via-42-bln-spac-deal-2021-06-03/

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Babylon performance after float a ‘disaster’, chief says

(3 days ago) WEBAhead of the company’s stock market debut, Babylon was valued at $4.2bn and was set to receive $575mn from its merger with a blank-cheque company Alkuri Global.

https://www.ft.com/content/950b8f74-ca74-4298-96bd-4617ca6eed7a

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Babylon Health rescue merger collapses - uktech.news

(2 days ago) WEBOn the same day as publishing its first quarter results, Babylon revealed it had agreed up to $34.5 of capital from AlbaCore to keep it running, with plans to raise …

https://www.uktech.news/medtech/babylon-rescue-merger-collapses-20230808

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Babylon Health to be taken private under restructuring deal

(9 days ago) WEBDive Insight: The news is a reversal of course for Babylon. The company went public in October 2021 in a merger with special purpose acquisition company …

https://www.healthcaredive.com/news/babylon-health-go-private/650099/

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Kinnevik's portfolio company Babylon Health to become publicly …

(8 days ago) WEBKinnevik AB (publ) (“Kinnevik”) today announced that its portfolio company Babylon Health has entered into a definitive merger agreement with the special purpose …

https://finance.yahoo.com/news/kinneviks-portfolio-company-babylon-health-134000703.html

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Babylon Weigh Take-Private Not Long After SPAC Deal

(5 days ago) WEBThe deal gave Babylon an implied equity value of about $4.2 billion. Since then, its shares have fallen about 90%, resulting in a market valuation of just $287 …

https://www.bloomberg.com/news/articles/2022-08-15/babylon-said-to-mull-take-private-less-than-year-after-spac-deal

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Babylon, A World Leading, Digital-first, Value-based Care …

(Just Now) WEBNews provided by. Babylon Health Jun 03, 2021, 09:36 ET the focus away from sick care to true health care." "Babylon's patient rise to the termination of the …

https://www.prnewswire.com/news-releases/babylon-a-world-leading-digital-first-value-based-care-company-announces-plans-to-become-a-public-company-via-4-2-billion-merger-with-alkuri-global-acquisition-corp-301305279.html

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The Fall of Babylon Is a Warning for AI Unicorns WIRED

(3 days ago) WEBA 2017 report from the Care Quality Commission, the regulator of health and social care services in England, called the safety and effectiveness of the …

https://www.wired.com/story/babylon-health-warning-ai-unicorns/

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Palantir gets aggressive with SPACs, investing in Babylon Health

(Just Now) WEBPalantir’s latest investment was announced on Thursday, when Babylon Health said it’s going public through a special purpose acquisition company. A group of …

https://www.cnbc.com/2021/06/04/palantir-gets-aggressive-with-spacs-investing-in-babylon-health.html

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Babylon Health Division Rescued as Part of UK Insolvency Process

(2 days ago) WEBEarlier on Wednesday, Babylon Group Holdings Ltd and Babylon Partners Ltd filed notice of their intention to appoint administrators in the UK High Court, just …

https://finance.yahoo.com/news/babylon-health-division-rescued-part-195233983.html

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The fall of Babylon: Failed telehealth startup once valued at $2B …

(9 days ago) WEBEven before the arrival of COVID-19 and the demand for more remote health services, Babylon had managed to ink a 10-year deal to build an app and health …

https://techcrunch.com/2023/08/31/the-fall-of-babylon-failed-tele-health-startup-once-valued-at-nearly-2b-goes-bankrupt-and-sold-for-parts/

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Babylon Health Enters Administration after Rescue Merger Collapse

(5 days ago) WEBNews. Babylon Health, a London headquartered AI company once hailed as the future of the NHS by former health secretary Matt Hancock, has entered …

https://insights.administrationlist.co.uk/2023/08/08/babylon-administration-collapse/

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Babylon’s take-private deal with MindMaze collapses

(7 days ago) WEBDive Brief: Digital health firm Babylon’s planned merger with neurotherapy company MindMaze has dissolved, and the company is shutting down core operations in …

https://www.healthcaredive.com/news/babylon-mindmaze-merger-collapses/690142/

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Babylon Holdings Limited (BBLNF) Stock Price, Quote & News

(9 days ago) WEBThe company provides Babylon Cloud and clinical services. Babylon Holdings Limited was founded in 2013 and is headquartered in Austin, Texas. On …

https://stockanalysis.com/stocks/bblnf/

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Herbert Pardes, Who Steered the Growth of a Giant Hospital, Dies …

(6 days ago) WEBMay 9, 2024. Dr. Herbert Pardes, a psychiatrist and a former director of the National Institute of Mental Health who brought order to the merger of two major medical centers …

https://www.nytimes.com/2024/05/09/health/herbert-pardes-dead.html

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Cazoo hits the end of the road in the latest SPAC wreckage

(8 days ago) WEBThe car marketplace is not the only US SPAC merger from 2021 involving a UK-founded tech startup to go sideways after securing eye-watering valuations. Digital …

https://pitchbook.com/news/articles/cazoo-insolvency-uk-spac-mergers

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FTC Loses Bid to Compel Docs in Kroger-Albertsons Deal Challenge

(4 days ago) WEBA Kroger grocery store in Dallas, Texas, US, on Wednesday, Feb. 21, 2024. FTC Loses Bid to Compel Docs in Kroger-Albertsons Deal Challenge. Kroger Co. and …

https://news.bloomberglaw.com/antitrust/ftc-loses-bid-to-compel-docs-in-kroger-albertsons-deal-challenge

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Hess Investor D.E. Shaw to Abstain From Vote on Chevron Deal (1)

(6 days ago) WEBD.E. Shaw & Co., one of the top 15 shareholders in Hess Corp., plans to abstain from voting on the oil company’s $53 billion takeover by Chevron Corp., …

https://news.bloomberglaw.com/mergers-and-acquisitions/hess-investor-d-e-shaw-to-abstain-from-vote-on-chevron-merger

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Jefferson Health, Lehigh Valley Health Network sign merger …

(9 days ago) WEBJefferson Health and Lehigh Valley Health Network (LVHN) on Wednesday morning signed an agreement to merge, solidifying the unified organization as one the …

https://whyy.org/articles/jefferson-health-lehigh-valley-health-network-merger-agreement/

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Under pressure: HVHS is the latest health system to weigh future

(2 days ago) WEBPittsburgh Post-Gazette. [email protected]. May 15, 2024. 8:34 AM. Hammered by persistently higher labor costs and stagnant revenue, Heritage Valley …

https://www.post-gazette.com/business/healthcare-business/2024/05/15/pittsburgh-heritage-valley-health-system-merger-allegheny-health-network/stories/202405150068

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LVHN, Jefferson health network merger plans are official - The …

(7 days ago) WEBLVHN and Jefferson merger is official as health networks sign definitive agreement to combine. Lehigh Valley Hospital-Cedar Crest is seen Tuesday, Dec. 19, …

https://www.mcall.com/2024/05/15/lvhn-and-jefferson-merger-is-official-as-health-networks-sign-definitive-agreement-to-combine/

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Schumer Urges FTC to Hit the Brakes on $53 Billion Chevron-Hess …

(6 days ago) WEBMay 12, 2024, at 10:30 p.m. Schumer Urges FTC to Hit the Brakes on $53 Billion Chevron-Hess Merger. More. Reuters. FILE PHOTO: U.S. Senate Majority …

https://www.usnews.com/news/top-news/articles/2024-05-12/schumer-urges-ftc-to-hit-the-brakes-on-53-billion-chevron-hess-merger

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Boards of Hackensack University Health Network and Meridian …

(7 days ago) WEBNews provided by. Meridian Health May 12, 2015, 03:09 ET. Share this article "Hackensack University Health Network is pleased to partner with Meridian …

https://www.prnewswire.com/news-releases/boards-of-hackensack-university-health-network-and-meridian-health-approve-merger-300082054.html

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RWJ, Barnabas Health Merger Creates NJ’s Largest Health Care - PBS

(4 days ago) WEBThe new RWJ Barnabas, the product of a merger between Robert Wood Johnson and Barnabas Health, includes 11 acute care hospitals and dozens of other facilities and will …

https://www.pbs.org/video/njtvnews-rwj-barnabas-health-merger-creates-njs-largest-health-care/

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Merger Finalized For The Largest Hospital Chain In New Jersey

(2 days ago) WEBMerger Finalized For The Largest Hospital Chain In New Jersey - New Brunswick, NJ - Robert Wood Johnson and Barnabas Health will join forces in 2016, …

https://patch.com/new-jersey/newbrunswick/merger-finalized-largest-hospital-chain-new-jersey

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Merger Finalized For The Largest Hospital Chain In New Jersey

(2 days ago) WEBBusiness & Tech Merger Finalized For The Largest Hospital Chain In New Jersey Robert Wood Johnson and Barnabas Health will join forces in 2016, pending …

https://patch.com/new-jersey/woodbridge/merger-finalized-largest-hospital-chain-new-jersey-0

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Jefferson Health, Lehigh Valley Health sign merger agreement

(6 days ago) WEBAllentown, Pennsylvania-based Lehigh Valley, which operates 14 hospital campuses, 29 health centers and more than 300 primary and specialty practices, …

https://www.modernhealthcare.com/mergers-acquisitions/jefferson-health-lehigh-valley-health-deal

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Concrete pollution; New Chinatown market; Health system merger

(4 days ago) WEBFree. [12 to 6 p.m.) 🎤 Sunday, May 19: 100.3 WRNB Presents RnB Fest 2024. starring Ashanti. Ashanti, Lloyd, Mýa, and Maeta perform at the Met along with several …

https://billypenn.com/2024/05/16/philly-news-thursday-morning-roundup-102/

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