Alkuri Global Acquisition Corporation (KURI) to Combine with Babylon Health in $3.6Bn Deal

Alkuri Global Acquisition Corporation (KURI) to Combine with Babylon Health in $3.6Bn Deal

Alkuri (NASDAQ:KURI) has entered into a definitive combination agreement with digital healthcare company Babylon at a enterprise value of $3.6 billion, or 5.1x its 2022E revenue. London-based Babylon provides digital self-help care tools and telemedicine services to patients in North America, Europe and Asia and engaged with a patient once every five seconds in 2020.
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