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Chindex International, Inc. (CHDX) Announces Higher $23/Share Takeover Offer



4/14/2014 2:41:31 PM

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by Richard Daverman, PhD

April 14, 2014 -- Chindex, the US-based operator of China hospitals and clinics, received a new takeover offer of $23 per share from an undisclosed entity. The offer is an 18% improvement on the $19.50 bid, made in February, from a group comprised of Fosun Pharma, TPG (a US private equity group) and Roberta Lipson, CEO of Chindex. A definitive agreement has been negotiated with the entity behind the latest offer, which is all-cash and not subject to any financing contingencies. More details....

Stock Symbols: (NSDQ: CHDX) (SHA: 600196; HK: 2196)

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