Fakeeh Hospital Receives Competition Approval for SAR1.6bn Acquisition

FAKEEH CARE

FAKEEH CARE

4017.SA

0.00

On June 14, 2026, Dr. Soliman Abdel Kader Fakeeh Hospital Company announced an update regarding its Share Purchase Agreement to acquire 100% of Dr. Mohammed Bin Rashid Al Fagih & Partners Company for SAR 1,595,625,000 in cash. The General Authority for Competition issued its non-objection to the economic concentration resulting from the transaction on June 11, 2026. The transaction remains subject to other conditions, with the company committing to announce any material developments in due course.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96059&anCat=1&cs=4017&locale=ar

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