AYYAN hires Alinma Investment as financial advisor on stake sales

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AYYAN Investment Co. appointed Alinma Investment Co. as financial advisor on its stake sale in Al-Ahsa Medical Services Co. and Al-Salam Medical Services Co.

 

The company will announce any future developments in this regard in due course, according to a statement to Tadawul today, March 4.

 

According to data available on Argaam, Dallah Healthcare Co. signed recently a non-binding memorandum of understanding (MoU) with AYYAN to purchase its 97.4% stake in Al-Ahsa Medical, which owns Al Ahsa Hospital in Al-Ahsa. The deal also includes the purchase of AYYAN’s 100% ownership of Al-Salam Medical, which owns Al Salam Hospital in Al-Khobar.

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