CVC agrees $166m deal to invest in Indonesian hospital operator
CVC Capital Partners has once again entered into a partnership with Indonesia’s Lippo Group, agreeing a IDR2.2 trillion ($165.7 million) deal to invest in Siloam International Hospitals, which is controlled by the Riady family-owned business.
The private equity firm will acquire a 15% interest in the Jakarta-listed hospital operator, buying shares from a Lippo vehicle and other shareholders, and also participate in a proposed rights issue....
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