B Investments establishes new healthcare company

  • Date: 07-Dec-2021
  • Source: Zawya
  • Sector:Economy
  • Country:Egypt
  • Who else needs to know?

B Investments establishes new healthcare company

Cairo – Mubasher: B Investments Holding has established B Healthcare Investments with an authorised capital of EGP 1 billion to invest in specialised healthcare companies in Egypt. The newly established company has signed an agreement to acquire a 51% stake in the Egyptian IVF Centre as its first investment in the specialised healthcare sector, according to a bourse filing on Monday. The company is obtaining the necessary approvals from the Ministry of Health and implementing the necessary measures at the stock market to complete the acquisition process. Previously, the board of B Investments has approved EGP 200 million investments in the healthcare unit. Source: Mubasher All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. ( Syndigate.info ). Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this