Ezdehar buys stake in Al Tayseer Healthcare

SourceZawya
SectorEconomy
CountryEgypt

Ezdehar buys stake in Al Tayseer Healthcare The mid-cap fund comprises contributions from international institutions    Traders work at the Egyptian stock exchange in Cairo, November 19, 2014. ArabFinance: Egyptian private equity fund operator Ezdehar Management purchased a minority stake in Al Tayseer Healthcare Group through Ezdehar Egypt Mid-Cap Fund, according to a September 14th press release.Ezdehar’s investment comes as part of its strategy to open new horizons in all fields, namely in healthcare services, the statement added.The mid-cap fund comprises contributions from international institutions such as the European Bank for Reconstruction and Development, the European Investment Bank, UK’s CDC Group, and the Dutch Entrepreneurial Development Bank FMO.Buying the equity will help Ezdehar invest in a number of hospitals while expanding its chain of laboratories in the coming years, according ...read more...