Deals – January 2009

Healthcare play * Intel invests in three Chinese companies * Blackstone partners with Korean pension fund * Saudi firm sells contracting company * Malaysian oil and gas gets $70m boost

Healthcare play
Ithmar Capital, which intends to launch a $1 billion private equity fund in the first quarter of 2009, is presently focused on Enaya, a platform company that will provide healthcare services across the UAE.

The plan is to make newly-established Enaya a “network healthcare company” through mergers and acquisitions of other healthcare providers in the country, Faisal Belhoul, founder and managing partner of Ithmar, told PEI Asia.