AYYAN hires Alinma Investment as financial advisor on stake sales

04/03/2024 Argaam

AYYAN hires Alinma Investment as financial advisor on stake sales

Logo of AYYAN Investment Co. 

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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