Linklaters' Singapore joint venture firm Allen & Gledhill has taken a lead role on the $2.6bn (£1.7bn) acquisition of Southeast Asia's largest hospital chain by Malaysia's sovereign wealth fund, reports The Am Law Daily. The bid by a wholly-owned subsidiary of Khazanah Nasional, an investment arm of the Malaysian Government, beat out a $2.3bn (£1.5bn) bid by India's Fortis Healthcare to acquire hospital chain Parkway Holdings. Khazanah was represented on the deal by Allen & Gledhill, Singapore's largest law firm. M&A co-heads Andrew Lim and Lim Mei led the team, which also included partner Lee Kee Ying. Allen & Gledhill also is advising Deutsche Bank and CIMB Bank Berhad, the financial advisers on the deal.
July 28, 2010 at 11:01 AM
1 minute read
The original version of this story was published on Legalweek
Linklaters’ Singapore joint venture firm Allen & Gledhill has taken a lead role on the $2.6bn (£1.7bn) acquisition of Southeast Asia’s largest hospital chain by Malaysia’s sovereign wealth fund, reports The Am Law Daily.
The bid by a wholly-owned subsidiary of Khazanah Nasional, an investment arm of the Malaysian Government, beat out a $2.3bn (£1.5bn) bid by India’s Fortis Healthcare to acquire hospital chain Parkway Holdings.
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