The board of Thomson Medical, in a bouse filing on June 8, says the company is "currently in preliminary confidential discussions to explore a potential transaction". "The discussions are ongoing and no definitive terms have been agreed upon between the parties. Further, there is no certainty or assurance that any transaction will arise from these discussions. The company will make the appropriate announcements where there are material developments in respect of the potential transaction that merit disclosure."
Thomson Medical Group (SGX:A50
) , a Singapore-based healthcare company backed by tycoon Peter Lim, is in advanced talks to buy a controlling stake in Vietnam’s FV Hospital, people with knowledge of the matter said.
Lim’s firm beat out the other interested candidates to remain in the bidding, the people said, asking not to be identified as the process is private. Thomson Medical is working with a financial adviser on the potential acquisition, the people said.
