BBLN - Babylon Holdings jumps after report of potential sale

• Babylon Holdings ( NYSE: BBLN ) soared 7.8% after a report that the U.K.-based digital healthcare company is said to be consider a take private transaction
• Babylon, which connects patients and doctors via an apps, is said to be holding early talks with investors about how to address its sinking share price, according to traders, who cited a Bloomberg report. BBLN shares have plunged 92% since going public through a SPAC transaction in October.
• The company is looking at options including a take private to a possible deal with a strategic partner, according to the report. Babylon ( BBLN ) could also look to raise new funds to grow its business.
• Developing story ...

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