Ramsay Health Care, guided by Herbert Smith Freehills LLP, said Wednesday it has received a takeover proposal from a group led by private equity giant KKR that values the Australian health care provider at about AU$20.05 billion ($14.8 billion).
IHH Healthcare Bhd could become the biggest private hospital operator in the Klang Valley if it manages to acquire its close rival – the joint venture (JV) group of Ramsay Sime Darby Health Care Sdn Bhd (RSDHC).
KUALA LUMPUR: Analysts have given the thumbs up to IHH Healthcare Bhd's proposal to acquire the healthcare joint venture between Ramsay Health Care Ltd and Sime Darby Holdings Bhd as it expands on its network of private hospitals in Malaysia.