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Mitsui & Co weighs buyout of US$11bil hospital group IHH Healthcare


SINGAPORE: Mitsui & Co is exploring a deal to take Malaysian hospital group IHH Healthcare Bhd
private, according to people with knowledge of the matter.
Some private equity firms have approached the Japanese trading house to team up on the potential transaction to buy out IHH’s other shareholders, said one of the people, who asked not to be named as the information is private.
Mitsui has reached out to Khazanah Nasional Bhd, IHH’s second-largest shareholder, to pick up its stake, another person said.
IHH, which is listed on the stock exchanges of Malaysia and Singapore, has a market value of RM49bil (US$12bil). ....

Kuala Lumpur , Andhra Pradesh , West Bengal , Tamil Nadu , Khazanah Nasional Bhd , Mitsui Co , Apollo Hospitals Enterprise Ltd , Apollo Gleneagles Hospital Ltd , Mitsui Group , International Medical University , International Medical College , Gleneagles Global Health City , Bloomberg News , Kuala Lumpur Based , Apollo Hospitals Enterprise , Bharat Biotech , Gleneagles Global Hospitals , Hindu Businessline , Global Hospital , குவாலா லம்பூர் , ஆந்திரா பிரதேஷ் , மேற்கு பெங்கல் , தமிழ் நாடு , மிட்ஸ்யூயீ இணை , அப்பல்லோ மருத்துவமனைகள் நிறுவன லிமிடெட் , அப்பல்லோ க்ல்நேயேஜ்ல்ஸ் மருத்துவமனை லிமிடெட் ,

Asian hospital giant IHH Healthcare mulls sale of education arm


Asian hospital giant IHH Healthcare mulls sale of education arm
Stethoscope lying on medical records.
March 7, 2021
IHH Healthcare Bhd., Asia’s biggest hospital group by market value, is exploring a sale of its medical education arm International Medical University, according to people with knowledge of the matter.
The Malaysian company is working with Rippledot Capital Advisers on the potential deal, the people said. A sale of the education unit could fetch about $300 million, said the people, asking not to be named as the process is private.
Deliberations are ongoing and there is no certainty that IHH will proceed with a transaction, the people said. A representative for IHH declined to comment, adding the company will provide updates if there are any material developments. A representative for Rippledot also declined to comment. ....

Kuala Lumpur , Kelvin Loh Chi Keon , Apollo Hospitals Enterprise Ltd , International Medical University , International Medical College , Rippledot Capital Advisers , Eastern Europe , Chief Executive Officer Kelvin Loh Chi Keon , Apollo Hospitals Enterprise , குவாலா லம்பூர் , கெல்‌விந் லோ சி கிேஒன் , அப்பல்லோ மருத்துவமனைகள் நிறுவன லிமிடெட் , சர்வதேச மருத்துவ பல்கலைக்கழகம் , சர்வதேச மருத்துவ கல்லூரி , கிழக்கு யூரோப் , தலைமை நிர்வாகி அதிகாரி கெல்‌விந் லோ சி கிேஒன் , அப்பல்லோ மருத்துவமனைகள் நிறுவன ,