TPG to Acquire Healthscope’s Asia Operations for US$206 Million (Asia)

Source(s): Healthscope

Global alternative asset manager TPG has agreed to acquire the Asia pathology operations of Australia-based health care provider Healthscope for AUD279 million (approximately US$206 million). TPG will carve out 39 pathology laboratories in Singapore, Malaysia and Vietnam operating under the Gribbles Pathology and Quest Laboratories brands. The transaction is expected to be completed by the end of August 2018.