Fukeih Medical Approved for MBR Acquisition
The Competition Authority in the Kingdom of Saudi Arabia has approved the acquisition of Dr. Sulaiman Abdulqadir Faqih Hospital by Dr. Mohammed bin Rashed Al Faqih & Partners, valued at approximately 1.59 billion SAR. This approval marks a final step in completing the deal, which aims to strengthen the company's strategic presence and expand its services in the healthcare sector within the kingdom. It is anticipated that this acquisition will contribute to increasing market share and broadening the customer base in new regions.
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