On April 29, 2021, Babylon, a digital-first health care provider organization with headquarters in London, England, announced it acquired California-based Meritage Medical Network, with 700 physician members. Financial terms were not disclosed. The acquisition follows Babylon’s March 2021 investment to assume operations of FirstChoice Medical Group in Fresno, California, which has a network of approximately 180 primary care professionals and 1,000 specialty clinical professionals. On June 3, 2021, Babylon announced plans to become a publicly traded company. It entered a definitive merger agreement with Alkuri Global Acquisition Corp., a special purpose acquisition company. Upon closing of . . .
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