Subsidiary of Abu Dhabi's Pure Health to acquire Mayo Clinic's share in Sheikh Shakhbout Medical City

-0.62%

-0.24%

+0.23%

Dow Jones Industrial Average

DJI

48114.26

-0.62%

S&P 500 index

SPX

6800.26

-0.24%

NASDAQ

IXIC

23111.46

+0.23%

Jan 29 (Reuters) - A subsidiary of Abu Dhabi's Pure Health Holding PUREHEALTH.AD will acquire Mayo Clinic's MAYO.UL shares in Sheikh Shakhbout Medical City, according to a market disclosure on Monday.

State-owned Abu Dhabi Health Services Company (SEHA), which is wholly owned by Pure Health Holding, will take Mayo Clinic's share in one of the UAE's largest hospitals for patients with serious or complex medical conditions.

(Reporting by Hatem Maher; Editing by Mark Porter)

((Hatem.Maher@thomsonreuters.com;))

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.