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🇸🇬 Singapore /Health & Science

KKR to invest in Malaysia's Avisena Healthcare to support expansion

From CNA · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

Newswire Named sources New plan
  • KKR agreed to buy a minority stake in Malaysia’s Avisena Healthcare, but the parties did not disclose financial details.
  • Avisena said the investment will support expanded multispecialty services and new hospitals in the Klang Valley.

KKR has agreed to buy a minority stake in Malaysia’s Avisena Healthcare, extending the global investment firm’s healthcare expansion.

Avisena, which has operated for 30 years, plans to use the investment to expand multispecialty services at its flagship hospitals in Shah Alam and build new greenfield hospitals in the Klang Valley.

KKR said it has deployed more than $20 billion in healthcare investments worldwide. The firm and Avisena did not disclose the financial details of the transaction.

“We believe KKR’s regional healthcare expertise and broader experience will support our efforts to expand our capabilities, strengthen our clinical offering, and deliver high-quality care to more patients,” Avisena Healthcare Group CEO Elina Nadia Omar said.

We believe KKR’s regional healthcare expertise and broader experience will support our efforts to expand our capabilities, strengthen our clinical offering, and deliver high-quality care to more patients.

· Elina Nadia OmarAvisena Healthcare’s group CEO described the expected benefits of KKR’s investment.
About this summary

Originally published by CNA. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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