Mitsui weighs buyout of RM49 billion IHH Healthcare
Tokyo
MITSUI & Co is exploring a deal to take Malaysian hospital group IHH Healthcare Bhd private, according to people with knowledge of the matter.
Some private equity firms have approached the Japanese trading house to team up on the potential transaction to buy out IHH's other shareholders, said one of the people, who asked not to be named as the information is private. Mitsui has reached out to Khazanah Nasional Bhd, IHH's second largest shareholder, to pick up its stake, another person said.
TRENDING NOW
Singapore developer in limbo after Timor-Leste scraps major township project
Troubled platform UCars founded by group of dealers wound up on S$4 million debt
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think