KKR to Invest in Avisena Healthcare

Global investment firm KKR has agreed to purchase a minority stake in Malaysia based Avisena Healthcare. The funding will support the construction of new hospitals and expansion of multi-specialty offerings at flagship facilities.

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Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid

KKR & CO INC agreed on Friday morning to acquire a minority stake in Avisena Healthcare to support expansion in Malaysia. The transaction expands the private equity firm's healthcare portfolio after deploying more than $20B globally. Financial terms of the agreement were not disclosed by the firm.

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