News Snapshot:
- A + A (Jan 14): Adicon Clinical Laboratories Ltd., a Chinese lab operator backed by Carlyle Group Inc., is in talks with investors to raise a new round of funding before its planned initial public offering in Hong Kong, according to people familiar with the matter. BlackRock Inc., Malaysia’s Khazanah Nasional Bhd and Mirae Asset (Hong Kong) are among investors that the company is discussing the fundraising with, the people said. Adicon is planning to raise at least $60 million in the new round which would value the business at more than $1 billion, said the people, who asked...
