Dr. Soliman Abdel Kader Fakeeh Hospital Company announced on May 6, 2026 the signing of a binding Share Purchase Agreement to acquire 100% of Dr. Mohammed Bin Rashid Al Fagih & Partners Company for SAR 1,595,625,000 in cash. The target company operates a 350-bed multi-specialty hospital in Central-East Riyadh that was inaugurated in October 2022, with revenues growing from SAR 213 million in FY2023 to SAR 466 million in FY2025. The transaction is subject to regulatory approvals and other conditions precedent, and will be funded through a combination of the company's own resources and bank debt facilities. The acquisition aims to triple the Group's bed presence in Riyadh and strengthen its multi-specialty service offerings in the Kingdom's capital.

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