JAKARTA/HONG KONG, July 9: The chance to buy as much as 49 per cent of Indonesia’s largest private healthcare operator, Siloam Hospitals, is attracting a slew of global private equity
firms to the sale, as they bet on a rapid rise in healthcare spending in Southeast Asia’s biggest economy, sources said. Property firm PT Lippo Karawaci, controlled by the billionaire Riady family, plans to sell a minimum 20 percent of unit Siloam for between 200 million dollar and 300 million dollar, and has hired Bank of America Merrill Lynch to run the auction, sources with direct knowledge of the matter told. First round bids are due on July 16, two of the sources said.
(agencies)
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