Indonesia's Lippo raises stake in local hospital firm Siloam for $25.27m

Indonesia's Lippo raises stake in local hospital firm Siloam for $25.27m

Lippo Karawaci CEO John Riady.

Indonesian conglomerate Lippo, through Lippo Karawaci, increased its stake in locally listed Siloam International Hospitals to 57.9%, thereby pumping in 362.79 billion rupiah ($25.27 million), per an announcement.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter