IHH Healthcare sets to acquire Prince Court Medical Centre in Malaysia

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IHH Healthcare Bhd has expressed its interest to acquire the Prince Court Medical Centre from a unit of the Malaysian sovereign wealth fund Khazanah Nasional Bhd, Pantai Holdings, for a total consideration of MYR1.02 billion (US$244 million). 

The Prince Court Medical Centre is a healthcare facility located in the Kuala Lumpur, Malaysia. Khazanah currently owns 26% stake in IHH. 

The deal is expected to close in 2020. 

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