Announced
Financials
Sources
Tags
hospital operator
Domestic
Health Care Facilities
hospital chain
Pending
Friendly
Acquisition
Private
Majority
Single Bidder
China
Synopsis
ByteDance, a Chinese multinational internet technology company, agreed to acquire Amcare Healthcare, one of China’s largest private hospital chains, for $1.5bn. The deal is deepening ByteDance's foray into health care via one of the largest domestic tech deals since Beijing’s internet crackdown.
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