Riyadh – Mubasher: Bupa Investments Overseas Limited (BIOL) is planning to increase its shareholding in Bupa Arabia from 39.25% to 43.25%.
The company reached an agreement to acquire part of Nazer Group’s stake in Bupa Arabia, according to a statement to the Saudi Stock Exchange (Tadawul) on Wednesday.
The additional 4% stake has been priced at SAR 105 per share with a total value of SAR 504 million.