Ramsay, Sime Darby to revive Asia healthcare JV sale

The companies are in talks with financial advisors to explore a sale of Selangor, Malaysia-based Ramsay Sime Darby Health Care to strategic investors, three sources said. — Reuters

PETALING JAYA: Australia’s largest private hospital operator, Ramsay Health Care, and Malaysian conglomerate Sime Darby plan to revive the sale of their Asia-focused healthcare joint venture in a deal that could value the business at some RM6bil, two sources with knowledge of the matter told Reuters.

The companies are in talks with financial advisors to explore a sale of Selangor, Malaysia-based Ramsay Sime Darby Health Care to strategic investors, three sources said.