PANews May 16 news, according to an announcement from Basel Medical Group, the company has initiated exclusive negotiations with multiple institutional investors regarding a $1 billion BTC acquisition plan, aiming to achieve financial restructuring through an innovative equity swap method. This transaction will significantly enhance its balance sheet, providing financial flexibility, risk resistance, and merger support for its expansion in the high-growth healthcare market in Asia. The CEO stated that this move will strengthen the company's capital base as a regional leading healthcare group, with the transaction expected to be completed within this quarter.
