Babylon goes public in the US and secures investment from Palantir

UK digital health provider Babylon has announced plans to become a public company following a $4.2bn (£2.9bn) merger. The company has entered into a definitive merger agreement with special purpose acquisition company Alkuri Global. US big data company Palantir has also taken a strategic stake in Babylon. Following the merger the combined company will operate […]

Babylon Holdings to merge with Akuri Global Acquisition Corp

Babylon Holdings Limited (Babylon) and Alkuri Global Acquisition Corp (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 “BBLN”. The transaction reflects an initial […]