Warburg-backed Hygeia acquires 98% in Suzhou Yongding Hospital for $268m

Warburg-backed Hygeia acquires 98% in Suzhou Yongding Hospital for $268m

Photo by Hush Naidoo on Unsplash

Warburg Pincus-backed Chinese oncology healthcare group Hygeia Healthcare Holdings Co., Limited is acquiring a 98% stake in Suzhou Yongding Hospital for 1.73 billion yuan ($268 million), according to a statement.