PALO ALTO, Calif. and LONDON, Oct. 21, 2021 /PRNewswire/ -- Babylon Holdings Limited ("Babylon"), one of the world's fastest-growing digital healthcare companies, today announced that it has completed its business combination with Alkuri Global Acquisition Corp. (NASDAQ:KURI, KURIU and KURIW))) ("Alkuri"), a special purpose acquisition company. The transaction was approved on October 20, 2021 by Alkuri's shareholders. Babylon's Class A ordinary shares and its warrants will begin trading on the New York Stock Exchange ("NYSE") on October 22, 2021 under the new ticker symbols "BBLN" and "BBLN.W", respectively. "We founded Babylon on a fundamental belief, that it is possible to make quality hea

PALO ALTO, Calif., Oct. 18, 2021 /PRNewswire/ -- Babylon today outlined its ongoing momentum, announcing a further c.135k lives will have access to its value-based care offering across the US and UK through its expansion to additional US states, Georgia and Mississippi, and further growth across California. This means that through a combination of its value-based care model, Babylon 360 and its work in primary care, Babylon will be managing c. 350k lives globally, including 105k NHS GP at Hand lives, by the start of 2022. Babylon reiterated 2021 and 2022 revenue guidance on September 15, 2021. "This expansion of our work will help Babylon further our aim of reaching communities where access

PALO ALTO, Calif. and LONDON, Oct. 8, 2021 /PRNewswire/ -- Babylon Holdings Limited ("Babylon"), one of the world's fastest-growing digital healthcare companies, today announced that it has secured a sustainability-linked investment of up to $200 million from Albacore Capital Group ("AlbaCore"), a strategic capital investment firm. Together with already committed PIPE capital of $230 million from institutional and strategic investors, Babylon will now have access to as much as $775 million of capital (before fees) following the merger with Alkuri Global Acquisition Corp. (NASDAQ:KURI, KURIU and KURIW))) ("Alkuri"), a publicly traded special purpose acquisition company, assuming no redemption

PALO ALTO, Calif. and LONDON, Sept. 28, 2021 /PRNewswire/ -- Babylon today announced the appointment of US exchange veteran David Warren, who will join Babylon's board and serve as Chair of the Audit Committee when the company becomes publicly listed later this year. David will bring over two decades of US and UK public company experience to the Babylon board, as the company takes its final steps before listing on the New York Stock Exchange. As well as serving as CFO during his eight years at LSEG, he also held the position of interim Chief Executive Officer of the LSEG from 2018 to 2019. David had previously spent over 10 years working at Nasdaq, firstly as Chief Financial Officer from 20

PALO ALTO, Calif. and LONDON, Sept. 15, 2021 /PRNewswire/ -- Babylon Holdings Limited ("Babylon"), a world leading company reengineering how people engage with their health at every step of the care continuum, today announced its financial and operating results for the six months ended June 30, 2021. Ali Parsa, CEO and Founder of Babylon said: "Babylon again passed many milestones in the first half of 2021, growing revenue by 472% year on year. We continued to execute, putting us amongst the fastest growing companies worldwide, including in the US, where since our initial launch last year, we gained millions of covered members and, as of today, over 100,000 value-based lives." "But I believe

LONDON, July 22, 2021 /PRNewswire/ -- Researchers at Babylon, a leading digital-first value-based healthcare company,  have found that members of Babylon's highly accessible, 24/7 primary care model incurred between 15-35% lower acute hospital costs than the regional average. Babylon GP at Hand is a digital-first NHS GP practice, free at the point of need for members. Over 80% of appointments are virtual, which members can access at any time of day or night, 365 days per year. Every member has access to a full suite of self-care technology, including symptom checking, digital health assessment and digital twin avatars as well as virtual and in-person consultations. Over 100,000 people acros

Payoneer Global Inc. ("Payoneer") (NASDAQ:PAYO), the commerce technology company powering payments and growth for the new global economy, today announced that Heather Tookes and Rich Williams were appointed to its Board of Directors. Prof. Tookes will also serve as a member of the Audit and Compensation Committees and Mr. Williams will serve as a member of the Audit and Risk Committees. "We are honored to welcome Heather and Rich as independent directors to our Board," said Scott Galit, Chief Executive Officer of Payoneer. "Heather brings considerable expertise in corporate finance and capital markets based on her extensive research and teaching at the Yale School of Management and brings

Kinnevik AB (publ) ("Kinnevik") today announced that its portfolio company Babylon Health has entered into a definitive merger agreement with the special purpose acquisition company Alkuri Global Acquisition Corp., whereby Babylon Health will become a publicly traded company on Nasdaq. Kinnevik intends to invest USD 5m as part of a USD 230m private placement bringing Kinnevik's ownership to 13% of Babylon Health when the transaction is finalised. Babylon Health and Alkuri Global Acquisition Corp. (NASDAQ:KURI) ("Alkuri Global"), a special purpose acquisition company, have entered into a definitive merger agreement. Upon closing of the transaction, the combined company will operate as B

LONDON and NASHVILLE, June 3, 2021 /PRNewswire/ -- Babylon Holdings Limited ("Babylon"), a world leading, digital-first value-based care company, and Alkuri Global Acquisition Corp. (NASDAQ:KURI)  ("Alkuri Global"), a special purpose acquisition company, today announced that they have entered into a definitive merger agreement. Upon closing of the transaction, the combined company will operate as Babylon and plans to trade on Nasdaq under the new symbol "BBLN". The transaction reflects an initial pro forma equity value of approximately $4.2 billion. The transaction is expected to close in the second half of 2021. Babylon was founded in 2013, with the mission to put accessible and affordable