Care signs agreement to buy hospital in Jeddah for SAR 193.2 mln
- Date: 10-Sep-2023
- Source: Eye of Riyadh
- Sector:Healthcare
- Country:Saudi Arabia
Care signs agreement to buy hospital in Jeddah for SAR 193.2 mln
National Medical Care Co. (Care) signed on Sept. 8 an agreement with Saudi Medical Care Group (SMG) to purchase the entire ownership of Chronic Care Specialized Medical Hospital in Jeddah, according to a statement to Tadawul. The deal is valued at SAR 193.2 million, and is subject to customary purchase price adjustments in light of the completion accounts
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