NeueHealth to be taken private by New Enterprise Associates in $1.3 billion deal-February 2024-www.financetom.com

NeueHealth to be taken private by New Enterprise Associates in $1.3 billion deal

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

NeueHealth to be taken private by New Enterprise Associates in $1.3 billion deal

Dec 23, 2024 3:34 PM

Dec 23 (Reuters) -

Health insurer NeueHealth ( NEUE ) said on Monday that an

affiliate of New Enterprise Associates and a consortium of

investors would take it private at an enterprise value of about

$1.3 billion.

Shares of the company were up 62.4% in extended trading.

The deal, at $7.33 per share in cash, represents a

premium of around 70% over NeueHealth's ( NEUE ) closing stock price on

Monday.

Previous page： Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN Next page： SJVN secures 200-MW wind power project at ₹3.24 per unit

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN

Nov 28, 2023

The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.

SJVN secures 200-MW wind power project at ₹3.24 per unit

Nov 16, 2023

Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.

This sustainable jewellery brand is luring some women away from gold

Oct 30, 2023

Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.

Suzlon's S144–3 MW wind turbines get big boost from Indian government

Nov 15, 2023

Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.