Consortium led by TPG's The Rise Fund, Hong Leong Group to buy Malaysia's IMU Education

Consortium led by TPG's The Rise Fund, Hong Leong Group to buy Malaysia's IMU Education

Photo: IMU Healthcare's Website

A consortium jointly led by The Rise Fund, the global impact investing platform of private equity giant TPG Inc, and the Malaysian conglomerate Hong Leong Group has received the nod to acquire the International Medical University (IMU) in Kuala Lumpur for 1,345 million Malaysian ringgit ($306 million).

Edited by: Pramod Mathew

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