By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) - Australia's Ramsay Health Care and Malaysia's Sime Darby have hired Bank of America and.
Australia s
Ramsay Health Care and Malaysia s Sime Darby
have hired Bank of America and Deutsche Bank
to sell their $1.3 billion healthcare joint venture, two sources
with direct knowledge of the.
Australia's Ramsay Health Care and Malaysia's Sime Darby have hired Bank of America and Deutsche Bank to sell their $1.3 billion healthcare joint venture, two sources with direct knowledge of the matter said. The companies could launch the sale of Selangor, Malaysia-based Ramsay Sime Darby Health Care within the next two months depending on market conditions, one of the sources said. The joint venture's sale would mark the largest healthcare deal in Southeast Asia since 2019 and comes at a time when healthcare assets are attracting more interest as investors bet on the sector's ability to weather tough economic conditions.
HONG KONG/SINGAPORE: Australia's Ramsay Health Care and Malaysia's Sime Darby have hired Bank of America and Deutsche Bank to sell their $1.3 billion healthcare joint venture, two sources with direct knowledge of the matter said.
Ramsay Health Care Ltd and Malaysian conglomerate Sime Darby Bhd are exploring a sale of their Asia-focused healthcare joint venture, Australia's largest private hospital operator said on Wednesday.