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Thursday, April 7, 2011

CORRECTED-Mitsui considers investment in hospital business -source

Mitsui & Co , Japan's second-biggest trading house, is considering taking a stake in Malaysia's Integrated Healthcare Holdings, which owns leading hospitals in Asia, a source familiar with the matter said. The Nikkei business daily reported on Thursday that Mitsui would pick up a 30 percent stake in the healthcare holding company for about 90 billion yen ($1.06 billion). [ID:nL3E7F62UC] The company is fully owned by the Malaysian sovereign fund Khazanah Nasional Berhad , the daily said. (Reporting by Yuko Inoue; Editing by Edmund Klamann)

Source