Reuters exclusively reveals CVC, other PE firms bid for Asian hospital business

Columbia Pacific Management’s Asian hospital business has drawn interest from global private equity players including KKR, CVC and Carlyle, in a sale the U.S. investment company sees fetching about $2 billion, Reuters exclusively reported. Columbia Asia is offering a portfolio of 30 mid-sized medical facilities, mainly in India and Malaysia, where healthcare spending is growing rapidly. A successful deal would make it the biggest transaction in Southeast Asia’s hospital sector in nine years and one of the largest in Asia over the last decade.