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.

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