30-Mar-18, Bangkok Post
US private equity firm TPG is in talks to buy a stake in a Thai hospital specialising in fertility treatments. The owners of Bangkok’s Jetanin Institute for Assisted Reproduction are seeking an outside investor for the business, which could be valued at USD400-500 mn.
Image: Bangkok Post
The hospital’s shareholders are open to selling control of the company, though they could also sell a minority stake.
TPG is stepping up its Asia healthcare investments, betting that growing affluence, ageing population and increased availability of medical insurance in the region are turning people to private operators.