BRIEF-New Frontier Corp To Acquire United Family Healthcare

July 30 (Reuters) - New Frontier Corp:

* NEW FRONTIER CORPORATION TO ACQUIRE UNITED FAMILY HEALTHCARE

* NEW FRONTIER CORP - WITH ANTICIPATED INITIAL ENTERPRISE VALUE OF $1,440 MILLION NEW COMPANY WILL OPERATE UNDER NAME OF NEW FRONTIER HEALTH CORPORATION

* NEW FRONTIER CORP - FOLLOWING CLOSE OF TRANSACTION ANTONY LEUNG WILL BECOME CHAIRMAN OF COMPANY'S BOARD OF DIRECTORS

* NEW FRONTIER CORP - NEW COMPANY WILL OPERATE UNDER NAME OF NEW FRONTIER HEALTH CORPORATION

* NEW FRONTIER CORP - FOLLOWING CLOSE OF TRANSACTION QIYU CHEN WILL BE CO-CHAIRMAN OF COMPANY'S BOARD OF DIRECTORS

* NEW FRONTIER CORP - FOLLOWING CLOSE OF TRANSACTION ROBERTA LIPSON WILL BE CEO OF NFH

* NEW FRONTIER CORP - TO FUND DEAL, OBTAINED ADDITIONAL $711 MILLION IN EQUITY COMMITMENTS (AT $10.00 PER SHARE) FROM A GROUP OF INVESTORS

* NEW FRONTIER CORP - UPON CLOSING OF TRANSACTION, COMPANY IS EXPECTED TO TRADE ON NEW YORK STOCK EXCHANGE UNDER SYMBOL "NFH"

* NEW FRONTIER - UPON CLOSING OF DEAL, CO EXPECTED TO TRADE ON NEW YORK STOCK EXCHANGE UNDER SYMBOL "NFH"

* NEW FRONTIER CORP - ALSO EXPECTS TO FUND ACQUISITION OF UFH USING ABOUT $478 MILLION OF CASH PROCEEDS FROM NFC'S INITIAL PUBLIC OFFERING

* NEW FRONTIER CORP - FOSUN PHARMA WILL REMAIN AS AN IMPORTANT LONG-TERM STRATEGIC PARTNER

* NEW FRONTIER - EXISTING MANAGEMENT OF UFH & FOSUN PHARMA, TOGETHER EXPECTED TO OWN AGGREGATE OF ABOUT 12% OF NFH AT CLOSING Source text for Eikon: Further company coverage: