Mitsui & Co (8031.TO) said Thursday that it will buy a 30% stake in Malaysia's Integrated Healthcare Holdings from the country's sovereign wealth fund Khazanah Nasional Bhd. for about Y92.4 billion.

The Tokyo-based trading house said the move will strengthen its medical and health care business, citing growing demand for such sectors in Asia.

Integrated Healthcare runs leading hospitals in Singapore and Malaysia and invests in India's Apollo Hospitals Enterprise.

-By Atsuko Fukase, Dow Jones Newswires; 813-6269-2792; atsuko.fukase@dowjones.com
Mitsui (NASDAQ:MITSY)
Historical Stock Chart
From Feb 2025 to Mar 2025 Click Here for more Mitsui Charts.
Mitsui (NASDAQ:MITSY)
Historical Stock Chart
From Mar 2024 to Mar 2025 Click Here for more Mitsui Charts.