IHH Healthcare to Acquire Malaysia Hospital
By Amanda Lee and P.R. Venkat
IHH Healthcare has agreed to buy a Malaysian hospital business, the latest in a series of healthcare deals in the Southeast Asian region.
Malaysian healthcare group IHH said Wednesday that it will acquire Penang-based Island Hospital at an equity value of 3.92 billion ringgit, equivalent to $897.5 million.
The Wall Street Journal earlier reported on a possible deal.
Write to Amanda Lee at amanda.lee@wsj.com
(END) Dow Jones Newswires
September 04, 2024 06:12 ET (10:12 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
6 Top-Performing Large-Growth Funds
-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
August PCE Report Forecasts Show More Good News on Inflation
-
AI Stocks May Be Down, but Don’t Count Them Out
-
4 Stocks to Buy as the Fed Cuts Interest Rates
-
Markets Brief: The Uncertain Path to Neutral Interest Rates
-
What’s Happening in the Markets This Week
-
Morningstar’s Guide to Investing in Stocks
-
Our Top Pick for Investing in US Renewable Energy
-
How to Measure a Stock’s Uncertainty
-
How to Determine Whether a Stock Is Cheap, Expensive, or Fairly Valued
-
Why a Company’s Management and Capital Allocation Matter
-
How to Determine What a Stock Is Worth
-
How to Measure a Company’s Competitive Advantage
-
How to Think Like a Stock Analyst