Amanat buys stake in Saudi firm

Dubai – Mubasher: Amanat Holdings has completed the acquisition of a 13.18% interest in International Medical Company (IMC), a Saudi-based closed joint stock company, according to a bourse statement.

Amanat bought the stake for SAR 363.85 million ($97 million).

Mergers and acquisitions (M&A) in the GCC healthcare sector grew by $3.032 million during the period from 2006 to 2016.

 

 

Mubasher Contribution Time: 11-Jan-2017 06:51 (GMT)
Mubasher Last Update Time: 11-Jan-2017 06:51 (GMT)