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Monday, August 20, 2018

iKang Healthcare shareholders announce approval of ‘going private’ transaction


iKang Healthcare announced that, at an extraordinary general meeting, the company’s shareholders voted in favor of the proposal to authorize and approve the previously announced agreement and plan of merger, dated as of March 26, 2018 and amended as of May 29, 2018, by and among the Company, IK Healthcare Investment Limited and IK Healthcare Merger Limited, pursuant to which, Merger Sub will be merged with and into the Company with the Company continuing as the surviving company and becoming a wholly owned subsidiary of Parent, the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands, and the transactions contemplated thereby, including the Merger.

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