Meinian Onehealth Healthcare Group
O’Melveny is advising a consortium led by Meinian Onehealth on its proposed take-private of competitor iKang Healthcare Group. Meinian Onehealth’s US$1.5 billion proposal topped an earlier bid submitted by a consortium led by iKang’s founder and FountainVest which later added Alibaba and other funds. The proposed deal signifies the most high-profile contested going private transaction of a China-based company.