Asian Buyout Firm to Sell Malaysia Hospital to IHH Healthcare
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 04 2024
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Source: WSJ
IHH Healthcare Acquisition: IHH Healthcare has agreed to purchase Island Hospital in Penang, Malaysia for 3.92 billion ringgit ($897.5 million) from Comprehensive Care, a subsidiary of Affinity Equity Partners.
Expansion in Southeast Asia: This acquisition is part of a broader trend of healthcare deals occurring in the Southeast Asian region.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
