Ramsay Health Care, Sime Darby mull JV sale

Ramsay said there were multiple interest parties, but refrained from divulging further details on them. — Reuters

PETALING JAYA: Ramsay Health Care Ltd and Malaysian conglomerate Sime Darby Bhd are exploring a sale of their Asia-focused healthcare joint venture (JV), Australia’s largest private hospital operator says.

Reuters had reported in late-March that the companies were planning to revive a sale of the Malaysia-based Ramsay Sime Darby Health Care (RSD) JV in a deal that could value the business at RM6bil.