Carlyle-Backed Meinian Onehealth To Go Public Via Reverse Merger

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Shanghai-based Chinese health checkup clinic network Meinian Onehealth Healthcare (Group) Co., backed by the Carlyle Group, plans to list on the Shenzhen Stock Exchange via a reverse merger with Jiangsu Sanyou Group, according to a regulatory filing.

Jiangsu Sanyou is to acquire 100% of Meinian Onehealth through a share swap and new share issuance worth around RMB5.54 billion (US$892 million).

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