IHH’s hospital sale depends on price, not desperate


Sources say that other than the price factor, there are strong indications that the IHH management would not be willing to part with these assets at a loss.(File picture shows a Fortis hospital in which IHH has a stake)

PETALING JAYA: The key factor on whether a deal would be struck by IHH Healthcare Bhd to sell its stakes in India-based Continental Hospitals and Global Hospitals will be the price, sources said.

Sources say that other than the price factor, there are strong indications that the IHH management would not be willing to part with these assets at a loss.

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