Announced
Financials
Tags
Egypt
Pending
Friendly
Acquisition
Private
Majority
Health Care Facilities
Single Bidder
healthcare
Domestic
Synopsis
Cleopatra Hospital Group, which specializes in owning and operating hospitals, agreed to acquire Egypt business of Alameda Health Group, a private healthcare group, for $475m. The deal would combine two of Egypt’s biggest private medical providers at a time when the coronavirus pandemic has raised the importance of specialized care. Investor appetite for health-care assets in the Middle East and Africa has grown in recent years due to the region’s increasing population and a shortage of public services.
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