IHH weighing RM4.2bil sale of China hospitals

The group is in discussions with potential advisers on a possible sale of Parkway China, the people said, asking not to be named as the information is private.

KUALA LUMPUR: IHH Healthcare Bhd, a hospital group, is considering the potential sale of its China unit, in a deal that could value the chain at as much as US$1bil (RM4.2bil), according to people familiar with the situation.

The group is in discussions with potential advisers on a possible sale of Parkway China, the people said, asking not to be named as the information is private.