Market Chatter: TPG Taps Advisers to Evaluate Options for Asia OneHealthcare

MT Newswires Live04-09 17:02

TPG (TPG) has hired UBS Group (UBS) and Malayan Banking to help weigh options for Malaysian medical services provider Asia OneHealthcare, Bloomberg News reported Thursday, citing people familiar with the matter.

Options under review include a potential sale or an initial public offering, and additional advisers may be brought in if TPG pursues a public listing for the business, according to the report.

TPG, Malayan Banking and UBS didn't immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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