HANOI -- China-focused investment firm New Frontier Corporation will be acquiring private health care operator United Family Healthcare (UFH) from alternative investment firm TPG and Fosun Pharma for $1.44 billion.
New Frontier acquires United Family Healthcare from Fosun Pharma

Investment fund New Frontier's purchase of Fosun Pharma will create China's largest publicly listed health care company, according to a statement. © Reuters
HANOI -- China-focused investment firm New Frontier Corporation will be acquiring private health care operator United Family Healthcare (UFH) from alternative investment firm TPG and Fosun Pharma for $1.44 billion.