IHH's potential acquisition of Ramsay-Sime Darby to provide greater synergies

Ara Damansara Medical Centre is one of the hospitals operated by Ramsay Sime Darby Healthcare

KUALA LUMPUR: Analysts have given the thumbs up to IHH Healthcare Bhd's proposal to acquire the healthcare joint venture between Ramsay Health Care Ltd and Sime Darby Holdings Bhd as it expands on its network of private hospitals in Malaysia.

In a recent announcement, IHH submitted a non-binding indicative proposal to purchase 100% equity in Ramsay Sime Darby Health Care Sdn Bhd for an indicative enterprise value (EV) of RM5.67bil.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

Trading ideas: Sapura Energy, Kerjaya Prospek, Sunway, Kim Loong, Glomac, Gamuda, Hiap Teck, Pensonic and Jiankun
Uphill battle to make money from rewilding
Investment house slumps after reallocating to private markets
Hyundai, Kia recall 3 million cars in US over fire risk
Toyota global production rises in August
Expansion, new products to support Ancom growth
Renewables developer Red Rocket raises US$160mil
Glencore, Seriti weigh job cuts in South Africa
Singapore announces another plan on cost of living
Iconic signs franchise deal with Marriott

Others Also Read