Hong Leong, TPG buy Columbia Asia's hospitals in three countries for RM5bil


KUALA LUMPUR: The Hong Leong Group, led by billionaire Tan Sri Quek Leng Chan and global alternative asset firm TPG have entered into a deal to acquire Columbia Asia Hospitals in South East Asia for US$1.2bil (RM5bil).

The transaction is expected to close by end of this year, the companies said in a joint statement today.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Healthcare , Hong Leong , TPG , Columbia Asia

   

Next In Business News

Microlink wins RM84mil ministry job
T7 Global gets drilling jack-up rig
KKB secures contracts worth RM93mil
Bank of England cuts rates but sees higher inflation after Reeves' budget
Tengku Zafrul: Malaysia secures potential exports to China worth RM3.2bil
Malaysia ready for new investment era with clear economic vision - MoF
Microlink wins RM83.5mil project from Home Affairs Ministry
Ringgit marginally lower against US dollar at the close
TWL Holdings secures RM42.5mil banking facility from UOB Malaysia
Ekovest's Lim is said to consider sale of toll roads for RM5bil

Others Also Read