DealStreetAsia

Carlyle in advanced talks to invest in Malaysian drugstore chain

Caring Pharmacy is majority-owned by 7-Eleven Malaysia

20221027 CARING PHARMACY

Caring Pharmacy operated 120 stores in East Malaysia and one store in West Malaysia as of 2019, according to its website. (Source photo from Caring Pharmacy website)

AASTHA MAHESHWARI, NGUYEN THI BICH NGOC, DealStreetAsia
October 27, 2022 12:01 JST

JAKARTA/HANOI -- Global investment company Carlyle is in advanced discussions with Malaysia's Caring Pharmacy to buy a sizable stake in the drugstore chain, three sources aware of the development told DealStreetAsia.

Read Next

Latest on DealStreetAsia

  • DealStreetAsia

    Vietnam prepares startup stock trading platform in innovation push

    Vietnam prepares startup stock trading platform in innovation push
  • DealStreetAsia

    Philippine tax cuts spur hope for more IPOs in sluggish market

    Philippine tax cuts spur hope for more IPOs in sluggish market
  • DealStreetAsia

    Vietnam's fintech unicorn MoMo posts first full-year profit

    Vietnam's fintech unicorn MoMo posts first full-year profit

    • Sponsored Content

    About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.