Private Chinese Health-Care Firm UFH Said to Seek Fresh Funding

March 12, 2024, 9:40 AM UTC

United Family Healthcareis seeking fresh funds and has sounded out potential investors, people familiar with the situation said.

The Beijing-based company intends to raise several hundred million dollars in the new round, one of the people said, adding that UFH may seek to relist at some point. Considerations are at an early stage and details of any fundraising including possible valuation haven’t been finalized, the people said, asking not to be identified as the matter is private.

UFH declined to comment.

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