Malaysia: IHH bid puts enterprise value of MYR5.76bn on Ramsay Sime Darby

IHH Healthcare, Asia’s largest private healthcare group, has confirmed it has made a confidential, conditional, non-binding, indicative proposal to Australian-based international healthcare company, Ramsay Health Care, and Malaysian conglomerate, Sime Darby, for 100% of Ramsay and Sime Darby’s 50:50 Asian joint venture, Ramsay Sime Darby Health Care. The conditional bid puts an indicative enterprise value…