Riyadh – Mubasher: Dr. Soliman Abdel Kader Fakeeh Hospital Company, known as Fakeeh Care Group, signed a binding share purchase agreement to fully acquire Mohammed Bin Rashid Al Fagih & Partners Company.
The transaction will be implemented in exchange for a total cash amount of SAR 1.59 billion, according to a bourse disclosure.
Fakeeh Care Group noted that the general authority for competition greenlighted the deal. However, it remains subject to a number of other conditions.
The listed company was recently awarded the prestigious Planetree Gold Certification for Person-Centered Care, demonstrating its commitment to delivering a healthcare model that places people, their needs, and their aspirations at the center of all healthcare services and practices.
