Friday, September 13, 2019

Hong Leong, TPG acquire Columbia Asia hospitals in Southeast Asia

KUALA LUMPUR: Hong Leong Group and private equity firm TPG Group have jointly won a bid to acquire Columbia Asia Hospitals in Southeast Asia worth US$1.2 billion.

Both parties recently entered into a definitive share purchase agreement, which is expected to close at the end of this year.

The transaction includes all 17 hospitals and one clinic in Malaysia, Indonesia and Vietnam. - Bernama



source https://www.thesundaily.my/business/hong-leong-tpg-acquire-columbia-asia-hospitals-in-southeast-asia-DL1368243

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