Apr 8, 2019

Send to   Malaysian government-backed private equity firm Ekuinas has exited its entire majority holdings in local healthcare players MediExpress and PMCare to Japan’s Sumitomo Corporation. Ekuinas said it would generate an IRR of 39% from the divestment of a 60% stake in each company. The firm acquired both positions in late 2015 for MYR79.8 million ($19.5 million). It was Ekuinas’ first... To continue reading...