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New Deal


Announced

Completed

TPG-backed The Rise Fund and Hong Leong Group completed the acquisition of Kuala Lumpur’s International Medical University for $306m.

Financials

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Transaction Value£247m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Cross Border

Education Services

Private Equity

Malaysia

Completed

education

Majority

Single Bidder

Friendly

Medical University

Acquisition

Private

Synopsis

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TPG-backed The Rise Fund, a private equity firm, and Hong Leong Group, a trading company, completed the acquisition of Kuala Lumpur’s International Medical University, a medical university for $306m. Malaysia’s Ministry of Higher Education has approved the deal, which also includes the sale of a hospital owned by IMU to Columbia Asia.

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