![babylon health babylon health](https://campaign.shorthandstories.com/babylon/assets/IUmHoZSa1Y/byln_gbl_brd_phone_in_hand_healthcheck1-extended2-2560x2500.jpeg)
We are very pleased to have been able to advise our client on this latest stage of their growth and development. "A deal of this high value and profile demonstrates how attractive Jersey companies are for structuring major global transactions. Having worked with Babylon as their Jersey counsel since 2015, we are delighted to have advised on this matter. Jonathan Heaney said: "We would like to congratulate all involved on what is a very significant deal in this sector. Walkers Jersey advised on the Jersey corporate and regulatory aspects of the deal as well as on the corporate governance, incentive schemes and operational requirements around becoming a listed public company. The team included senior associate Tom Fothergill and associates Luke Steele and Ruth Donnellan. Partner Jonathan Heaney and Group Partner Dilmun Leach led the Walkers team working with lead counsel Allen & Overy (London) and Wilson Sonsini Goodrich & Rosati (New York) on the deal. The Walkers team are longstanding advisers on matters of Jersey law for Babylon. The Artificial intelligence is based on services provided by Amazon Web Servi.
![babylon health babylon health](https://i.ytimg.com/vi/R2Ptx_JIbw4/maxresdefault.jpg)
The company scaled by approximately 5x annual revenue growth in 2020, and is expected to grow again by approximately 4x in 2021. Demonstration of how the AI of Babylon Health can help you detect your disease. The company was founded in the UK in 2013 and provides services to 24 million patients across four continents. Upon closing of the transaction, which is expected in the second half of 2021, the combined company will operate as Babylon and plans to trade on Nasdaq under the new symbol “BBLN”.
#Babylon health pro
Walkers' Jersey team has advised on the merger of Babylon Health, a leading global digital-first value-based care company and Alkuri Global Acquisition Corp (a Special Purpose Acquisition Company), a transaction which implies an initial pro forma equity value of approximately USD4.2 billion.
![babylon health babylon health](https://i.cbc.ca/1.5503041.1584637684!/fileImage/httpImage/image.jpg)
We care about our people as much as we care about our patients.