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June 23, 2023

Babylon shareholders wiped out as healthtech agrees to delist

18 months after floating, the British startup will be taken private after failing to fill cash shortfall

Beleaguered healthtech Babylon has agreed a deal to take the company private again, which will see existing shareholders lose hundreds of millions of dollars. 

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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