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sunway healthcare plans 675 million ipo in malaysia for expansion
Sunway Healthcare Group has engaged banks, including CIMB and Malayan Banking Bhd, for a Malaysian IPO valued at over 3 billion ringgit ($675 million), potentially the largest since 2017. The offering could take place in the latter half of this year or in 2026, with a projected valuation exceeding 15 billion ringgit. Established in 1999, Sunway Healthcare operates three hospitals in Malaysia and aims to expand its capacity to over 3,000 beds by 2030.
Sanofi agrees to sell consumer health unit to Clayton Dubilier and Rice
Sanofi has agreed to sell a controlling stake in its consumer health unit Opella to U.S. private equity firm Clayton Dubilier & Rice for approximately 15 billion euros. The deal includes guarantees for job and production retention in France, with the French public investment bank Bpifrance acquiring a 1% stake. This move follows concerns from labor unions about potential job losses amid the sale.
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