Deals

TPG Said to Pursue Stake in $500 Million Thai Fertility Hospital

  • Owners of Bangkok’s Jetanin Institute seek outside investor
  • TPG stepping up Asia health-care bets amid growing affluence
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TPG is in talks to buy a stake in a Thai hospital specializing in fertility treatments, according to people with knowledge of the matter.

The owners of Bangkok’s Jetanin Institute for Assisted Reproduction are seeking an outside investor for the business, which could be valued at $400 million to $500 million, the people said. The hospital’s shareholders are open to selling control of the company, though they could also sell a minority stake, one of the people said, asking not to be identified because the process is private.