The buyout firm is exploring a sale of its minority position in HMI Medical, a Singapore-based healthcare group, according to people familiar with the matter, though a buyer has not been confirmed.
EQT is exploring a sale of its minority stake in HMI Medical, a Singapore healthcare group, in a transaction that could be valued at roughly $600 million, according to people familiar with the matter.
No buyer has been confirmed publicly. The seller, approximate transaction size, and healthcare-services exposure are clearer than the identity of whoever may take the other side.
A roughly $600 million minority-stake sale would be meaningful on its own terms, particularly in Asia's healthcare services sector. Large sponsors have been active both as buyers and as sellers looking to crystallize returns on positions built up over prior fund cycles.
Confirmation of a buyer would move the process from an exploratory exit toward a more concrete transaction. Until then, the $600 million figure is best read as the scale of a potential monetization rather than the value of a completed deal.