Digital Health Company Babylon To Go Private & Combine With MindMaze

Babylon Holdings Limited accepted a proposal from AlbaCore Capital LLP and MindMaze Group SA to become a private company, and combine with MindMaze, which develops digital neurotherapeutic solutions for brain health and recovery. The transaction is expected to close in July 2023. Babylon and MindMaze believe that the combined entity will form a powerful digital-first global artificial intelligence (AI)-driven health care business that will help transform the industry from sick care to predictive and preventative health care. Babylon and MindMaze will focus on improving consumer engagement and access to high quality optimized health care by tackling a broad . . .