Fakeeh Care plans to float 30% of capital: Report
- Date: 27-Aug-2023
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Fakeeh Care plans to float 30% of capital: Report
Saudi Arabia’s Fakeeh Care Group is considering selling a 30% stake through an initial public offering (IPO), Reuters reported, citing sources with knowledge of the matter.
The family-owned business appointed HSBC to advise on the deal, said the sources.
Fakeeh Care was established in 1978 with the opening of its first hospital, named Dr. Soliman Fakeeh Hospital.
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