Feb 17 A group led by private equity firm TPG
will buy Chindex International Inc, a U.S. healthcare
provider in China, for $369 million, Chindex said on Monday.
TPG and the other buyers - an affiliate of Shanghai Fosun
Pharmaceutical Group and Chindex Chief Executive
Roberta Lipson - will buy all of Chindex's outstanding common
shares for $19.50 per share in cash, 13.7 percent above the
shares' closing price on Nasdaq on Friday.
Chindex, which provides its services via the operations of
United Family Healthcare, a network of private primary care
hospitals and affiliated ambulatory clinics, said it expects the
deal to close in the second half of 2014.