Dallah Healthcare Company announced on December 21, 2025, the purchase of all remaining shares in Care Shield Holding Company (Kingdom Hospital and Consulting Clinics) for SAR 434,311,080. The transaction, signed on December 18, 2025, involves acquiring 5,170,370 shares (41.36% stake) from Growth Avenue Investments Company, resulting in Dallah Healthcare owning 100% of Care Shield. The acquisition was financed through internal resources and existing facilities. This strategic move aims to expand Dallah's healthcare services in Riyadh, increase shareholder profits, and deliver on growth objectives by serving a wider patient base through broader medical specialties.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.