Ping An plans $2B IPO of Health Tech Unit
Friday, 11 02 2018, Category: Health, Country: China
Ping An Insurance Group Co., China’s biggest insurer by market value, is planning a Hong Kong initial public offering of its health-care technology unit that could raise about $2 billion, people with knowledge of the matter said.
A listing of Ping An Healthcare Technology, which provides platforms used by hospitals, insurers and pharmacies, could take place as soon as next year, according to the people.
Source: Insurance Journal