“Ramsay, Sime Darby to Sell Hospital Unit for $1.2 Billion”
November 20, 2023
“Australia’s Ramsay Health Care Ltd. and Malaysian conglomerate Sime Darby Bhd. have agreed to sell their hospital unit to Columbia Asia Healthcare Sdn. for 5.7 billion ringgit ($1.2 billion), according to a stock exchange filing.
…Columbia Asia’s main shareholders, TPG Inc. and conglomerate Hong Leong Group, are providing capital for the acquisition along with co-investors including the Abu Dhabi Investment Authority and Malaysia’s Employees Provident Fund. The transaction is expected to be completed in the quarter ending March 2024…”
https://finance.yahoo.com/news/columbia-asia-ropes-adia-epf-101245524.html