Munich Re and Centene-backed digital health software provider Babylon Health is set to get a public listing through the deal.
Babylon Holdings, a UK-headquartered digital health technology provider backed by reinsurance firm Munich Re and health insurance provider Centene, has agreed a reverse takeover with special purpose acquisition company Alkuri Global Acquisition Corp.
The merged business will be valued at about $4.2bn and will take the Nasdaq Stock Market listing taken by Alkuri in a $300m initial public offering in February this year.
The deal will be supported by a $230m private investment in public equity financing featuring data…
