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OUE Lippo Healthcare divests 12 nursing homes in Japan to First Reit for $163.5m

December 08, 2021 4:58 PM

SINGAPORE (THE BUSINESS TIMES) – Singapore-listed OUE Lippo Healthcare (OUELH) has entered into sale and purchase agreements to divest two wholly-owned subsidiaries, which together hold 100 per cent interest in 12 nursing homes in Japan, for a consideration of $163.5 million.

Source : http://www.straitstimes.com/business/companies-markets/oue-lippo-healthcare-divests-12-nursing-homes-in-japan-to-first-reit-for

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