Delah and Medical Faqih Approved by Competition Authority
Dallah Health Company and Dr. Sulaiman Abdulqadir Faqieh Hospital announced that they have received approval from the Competition Authority for a deal involving the sale of approximately 31.21% of Dr. Mohammed bin Rashed Faqieh and Partners' company to Faqieh Medical Company. This move is part of their strategy to expand the healthcare sector and increase their market share through full acquisition. The deal is still subject to other preconditions, and an announcement will be made once all legal procedures are completed. The transaction aims to strengthen the financial position of the selling company and enhance its commercial operations in the healthcare field.
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