China's Ping An Insurance offers to take healthcare arm private at $1.7 bln valuation

Ping An Healthcare and Technology Co

07/01/2025 13:45

Jan 7 (Reuters) - China's Ping An Healthcare and
Technology  1833.HK  said on Tuesday its parent company Ping An
Insurance  601318.SS   2318.HK  has made an offer to take it
private at a valuation of HK$13.23 billion ($1.70 billion).

 ($1 = 7.7766 Hong Kong dollars)

 (Reporting by Sameer Manekar in Bengaluru; Editing by Shounak
Dasgupta)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))