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IHH Healthcare offers to buy Ramsay-Sime Darby JV for RM 5.7b

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Tan Nai Lun

Tan Nai Lun

Published Tue, Mar 22, 2022 · 09:50 PM

    Singapore

    MALAYSIAN hospital group IHH Healthcare is offering to buy Ramsay Sime Darby Health Care (RSDHC) for RM5.67 billion (S$1.83 billion) on a cash-free, debt-free basis, said a bourse filing on Tuesday (Mar 22).

    The target company is a 50:50 joint venture between Australian multinational healthcare provider Ramsay Health Care and Malaysian trading conglomerate Sime Darby Holdings (SDH).

    IHH HealthcareM&AHealthcare

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