Bupa to acquire a 4% stake in Bupa Arabia from Nazer Group for $136m.

Bupa Investments, a holding company, agreed to acquire a 4% stake in Bupa Arabia, an Islamic insurance broker, from Nazer Group, an investment and holding company for $136m. “Bupa Arabia is a long-standing and high-performing part of our organisation. We are increasing our shareholding in recognition of its continued success and our ongoing commitment to meeting the rising healthcare needs of customers in the KSA. We look forward to continuing to serve the KSA market, in partnership with Nazer Group,” Evelyn Bourke, Bupa Group CEO.