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Billionaire Quek Leng Chan's Hong Leong, TPG To Buy Ramsay Sime Darby Healthcare For $1.2 Billion

Published: November 13, 2023

A joint venture between Malaysian billionaire Quek Leng Chan’s Hong Leong Group and funds managed by U.S. private equity firm TPG have agreed to buy Ramsay Sime Darby Healthcare (RSDH)—which owns and operates hospitals in Malaysia and Indonesia—for 5.7 billion ringgit.

Source: forbes.com

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