Baring Shelves Plans to List CitiusTech Through SPAC: Report

Private equity firm Baring Asia has cancelled plans for a US listing of healthcare consultancy firm CitiusTech through the SPAC route, Business Line reports.

Instead, the PE firm may now consider a traditional listing or an IPO for the health tech company based in Mumbai.

Baring acquired a stake in the healthcare tech company in 2019 for over $1 billion. Read more.

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