New Frontier Health Corporation (NFH) Announces Receipt of Preliminary Non-Binding “Going Private” Proposal

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New Frontier Health Corporation Announces Receipt of Preliminary Non-Binding “Going Private” Proposal

February 10, 2021 4:30 AM EST

BEIJING--(BUSINESS WIRE)-- New Frontier Health Corporation (NFH or the Company) (NYSE: NFH), operator of the premium healthcare services provider United Family Healthcare (UFH), today announced that its board of directors (the Board) has received a preliminary non-binding proposal letter, dated February 9, 2021, from New Frontier Public Holding Ltd. (NFPH), Carnival Investments Limited, a company affiliated with Leung Kam Chung (the Chairman), Roberta Lipson and her affiliates (collectively, the CEO), Max Rising International Limited, a company affiliated with Carl Wu (the President), Ying Zeng (the COO), Vivo Capital Fund IX (Cayman), L.P.(Vivo), NF SPAC Holding Limited and Sun Hing Associates... More