Aureos, GSB exit Thai hospital interest to Malaysia’s KPJ
Aureos Capital and GSB Private Funds – a vehicle set up by Thailand’s Government Savings Bank and managed by ING – have agreed to exit their holdings in Vejthani Hospital to KPJ Healthcare, a hospital chain with assets in Malaysia and Indonesia for THB605.6 million ($19.7 million). They originally invested THB200 million in 2009.
Aureos Southeast Asia Fund and GSB will sell 5.3 million and 2.7 million shares, respectively, in hospital operator Vejthani Public Company. The deal, which is scheduled to close in the second quarter...
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