Australia's largest private hospital operator Ramsay Health Care and Malaysian conglomerate Sime Darby plan to revive the sale of their Asia-focused healthcare joint venture in a deal that could value the business at some 6 billion ringgit ($1.36 billion), two sources with knowledge of the matter told Reuters.
plan to revive the sale of their Asia-focused healthcare joint venture in a deal that could value the business at some 6 billion ringgit , two sources with knowledge of the matter told Reuters.
Deliberations were ongoing and no decisions have yet been made on the sale, said the sources, declining to be named as the matter is private."Sime Darby Berhad continues to review strategic growth options for our healthcare segment," a company spokesperson told Reuters in an emailed statement. "Any decisions will be made with a view on creating value for the group.
Two of the sources said the Australian and Malaysian companies were also weighing an IPO for the joint venture on the Malaysia Stock Exchange.
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