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British health tech startup Babylon Health said on Thursday it has agreed to go public through a merger with a blank-check firm led by former Groupon chief Rich Williams, valuing the combined company at a pro forma equity value of $4.2 billion. Babylon will merge with Alkuri Global Acquisition Corp (KURI.O) and will trade on …

Shares of AMC Entertainment (AMC.N) surged another 38% in early deals on Wednesday and were set to open at a record high as individual traders on social media forums were unfazed by a hedge fund flipping its stake in AMC, calling it overvalued. Hedge fund Mudrick Capital Management sold 8.5 million freshly issued AMC shares …

Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled to the company that the move could help draw a line under Beijing’s scrutiny of its business, according to a source familiar with regulators’ thinking and two …