Mubadala Investment Co. is close to acquiring a minority stake in health-tech firm Zelis, valuing the company at approximately $17 billion. The Abu Dhabi wealth fund is finalizing a deal with Zelis's owners, Bain Capital and Parthenon Capital, as part of a minority recapitalization. Zelis, which digitizes healthcare payments, is expected to bring in additional co-investors in the coming weeks.
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