BRIEF-Dallah Healthcare Sells Shares In Dr. Mohammed Bin Rashed Al Fagih Partners For Sar 498 Mln

FAKEEH CARE
DALLAH HEALTH

FAKEEH CARE

4017.SA

0.00

DALLAH HEALTH

4004.SA

0.00

May 6 (Reuters) - DALLAH HEALTHCARE COMPANY SJSC 4004.SE:

  • DALLAH HEALTHCARE - SELLS SHARES IN DR. MOHAMMED BIN RASHED AL FAGIH PARTNERS FOR SAR 498 MILLION

  • DALLAH HEALTHCARE - PURSUANT TO SPA, SOLIMAN FAKEEH CO WILL ACQUIRE 100% OF ISSUED SHARE CAPITAL OF MOHAMMED ALFAGIH CO. FROM ALL CURRENT SHAREHOLDERS

  • DALLAH HEALTHCARE -DEAL FOR AGGREGATE CONSIDERATION OF SAR 1.60 BILLION

  • DALLAH HEALTHCARE -BUYER WILL FINANCE THE DEAL THROUGH A MIX OF INTERNAL RESOURCES AND FINANCING

  • DALLAH HEALTHCARE -ALPHA CAPITAL APPOINTED AS JOINT FINANCIAL ADVISOR BY THE SELLING SHAREHOLDERS OF THE TARGET

  • DALLAH HEALTHCARE -KHOSHAIM ASSOCIATES HAS BEEN APPOINTED AS LEGAL ADVISOR FOR DEAL

Source text: ID:nSSEw8pY6

Further company coverage: 4004.SE


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