Mitsui & Co: To Buy 30% Stake In Malaysia's Integrated Healthcare For Y92.4 Billion
April 07 2011 - 4:41AM
Dow Jones News
Mitsui & Co (8031.TO) said Thursday that it will buy a 30%
stake in Malaysia's Integrated Healthcare Holdings from the
country's sovereign wealth fund Khazanah Nasional Bhd. for about
Y92.4 billion.
The Tokyo-based trading house said the move will strengthen its
medical and health care business, citing growing demand for such
sectors in Asia.
Integrated Healthcare runs leading hospitals in Singapore and
Malaysia and invests in India's Apollo Hospitals Enterprise.
-By Atsuko Fukase, Dow Jones Newswires; 813-6269-2792;
atsuko.fukase@dowjones.com
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