News

May 12, 2023

Babylon shareholders set to lose hundreds of millions of euros if healthtech delists

Credit fund AlbaCore Capital plans to carry out a “restructuring and recapitalisation” of the business following a chaotic 18 months on the public markets

Babylon shareholders will see their stakes wiped out in a restructuring deal if the British healthtech cannot find a buyer for parts of its business or drum up extra funds in the next few weeks. 

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Kai Nicol-Schwarz

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

Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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