Home HEALTHCARESaudi’s CMA approves Dallah Healthcare’s capital hike for stake acquisition in IMC

Saudi’s CMA approves Dallah Healthcare’s capital hike for stake acquisition in IMC

by Press Room


Riyadh –  The Capital Market Authority (CMA) passed Dallah Healthcare Company’s request to increase its capital to SAR 976.81 million from SAR 900 million for a potential equity acquisition.

The firm will raise its capital by issuing 7.68 million ordinary shares to acquire an 18.98% equity in International Medical Center Company (IMC), according to a bourse disclosure.

It is worth noting that the CMA granted its approval for the…



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