HONG KONG: Investment firm Columbia Pacific Management is considering selling one of its Asia hospital operators in a deal that could value the business at as much as US$2bil (RM8.4bil), sources said.
Columbia Asia, which owns about 30 hospitals and clinics across India, Malaysia, Vietnam and Indonesia, is working with advisers to explore options including a sale or initial public offering, according to the people. A process could begin early next year, the people said, asking not to be identified because the matter is private.
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