Ramsay Health Care Ltd (RMY.MU)

IHH, Sunway among bidders for Affinity's Malaysian hospital, sources say

Private hospital operators IHH Healthcare and Sunway Medical Centre are among bidders for Malaysia's Island Hospital, which is owned by Asian buyout fund Affinity Equity Partners and could fetch $1 billion, two sources with knowledge of the matter said. Non-binding bids were due June 11, the sources said. Private equity firms CVC Capital Partners and TPG Capital also submitted initial bids, one of the sources said.