Saudi Arabia: Dallah Healthcare moves on Care Shield Holdings

By
Adrian Murdoch
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Riyadh-based private hospital operator Dallah Healthcare it to buy an almost 60% stake in local healthcare group Care Shield Holdings. The company owns a number of healthcare subsidiaries including Kingdom Hospital and Consulting Clinics and Modern Clinics Pharmacy. Dallah Healthcare will acquire a 54.6% stake in Care Shield for R300m (US$79.8m) from Kingdom Investment and…

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