TPG-backed Columbia Asia frontrunner to buy Malaysia's Ramsay Sime Darby for $1.5b

TPG-backed Columbia Asia frontrunner to buy Malaysia's Ramsay Sime Darby for $1.5b

Visual from Mint.

Columbia Asia, a Southeast Asian healthcare firm backed by TPG, has emerged as the frontrunner to buy Malaysia-based private hospitals operator Ramsay Sime Darby Health Care for around $1.5 billion, said two sources with direct knowledge of the matter.