U.S. private equity firm TPG Capital and Malaysian state-owned investment company Johor Corp. are considering a plan to take Malaysia’s KPJ Healthcare Bhd. private, according to people with knowledge of the matter.
The San Francisco-based firm and the investment arm of the Johor state government are in talks with banks to finance the potential deal involving Malaysia’s largest private-hospital operator, said the people. Shares in KPJ jumped as much 12% in Kuala Lumpur on Friday.
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October 01, 2021 at 12:17PM
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TPG, Johor Corp Weigh Taking Malaysia's KPJ Healthcare Private - Bloomberg
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