In separate statements on Thursday, Khazanah and Mitsui said the Japanese firm is paying that amount to raise its stake in IHH to 32.9% and become the biggest shareholder of one of Asia's largest private hospital groups. Khazanah's stake will be cut to about 26%.
KUALA LUMPUR (Nov 29): Malaysia's Khazanah Nasional is selling a 16% stake in Singapore-listed IHH Healthcare to Mitsui & Co for about RM8.42 billion ($2.76 billion) in cash, kicking off a restructuring of the sovereign wealth fund's portfolio under a new government.
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