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Both companies went public via a SPAC last year and have growth opportunities ahead.

Both companies went public via a SPAC last year and have growth opportunities ahead.

/PRNewswire/ -- Babylon, a world leading digital-first, value-based care company today announced a collaboration to explore opportunities to improve the...

The organizations will collaborate to explore opportunities to use their respective Artificial Intelligence, Machine Learning and Cloud Technologies in combination to accelerate the delivery

Last week featured six announced SPAC deals and featured earnings from several well-known former SPACs. Here is a look back at the week that was SPACs for ...

Share this article Share this article LONDON and NASHVILLE, June 3, 2021 /PRNewswire/ -- Babylon Holdings Limited ("Babylon"), a world leading, digital-first value-based care company, and Alkuri Global Acquisition Corp. (NASDAQ:KURI)  ("Alkuri Global"), a special purpose acquisition company, today announced that they have entered into a definitive merger agreement. Upon closing of the transaction, the combined company will operate as Babylon and plans to trade on Nasdaq under the new symbol "B...

The deal is expected to close in the second half of 2021 and be worth roughly $4.2 billion.

Dive Brief: Digital-first value based care startup Babylon plans to go public via a merger with a special purpose acquisition company, the latest in a rash of digital health companies entering the public markets spurred by the coronavirus pandemic. The transaction implies a $3.6 billion enterprise value for London-based Babylon, which offers an AI-enabled chatbot and other remote digital health tools, and will net the company an estimated $575 million in proceeds. Babylon is relatively fresh t...