Announced
Completed
Financials
Sources
Tags
Majority
Domestic
Private Equity
Single Bidder
United Arab Emirates
Health Care Services
Completed
Friendly
Joint Venture
healthcare company
Private
Synopsis
G42, an Abu Dhabi-based AI technology holding group, and Mubadala, an Abu Dhabi-based global sovereign investor, formed M42, integrated healthcare company. Financial terms were not disclosed. "As we launch M42, we are excited to impactfully disrupt the global healthcare industry. Our vision is to transform lives through innovation by providing personalized, and precise patient care. We are confident that through our operating companies, M42 will create a future in which dedicated healthcare professionals are empowered by the latest technology to optimize patient outcomes. M42 also represents a platform for us to target international expansion and partner with global peers to solve the world’s most pressing healthcare challenges," Hasan Jasem Al Nowais, M42 Group Chief Executive Officer and Managing Director.
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