In a major development in the healthcare industry, Ramsay Health Care and Sime Darby have initiated the sale of their joint hospital unit, with the deal’s value estimated at $1.5 billion, according to credible sources. This strategic move has garnered significant attention from investors and analysts alike.
The collaboration between Ramsay Health Care, a leading global healthcare provider, and Sime Darby, a prominent Malaysian conglomerate, had resulted in a robust hospital unit. However, both companies have decided to divest the unit, signaling a strategic realignment in their business portfolios. Industry experts anticipate that the sale will attract considerable interest from potential buyers, given the unit’s strong reputation and the growing demand for quality healthcare services.