Announced

Blue Ocean Health to acquire a 65% stake in Fakih IVF from NMC Healthcare.

Synopsis

Blue Ocean Health, a company operating, managing and investing in healthcare businesses, agreed to acquire a 65% stake in Fakih IVF, an infertility, gynecology, obstetrics, genetics and IVF clinic, from NMC Healthcare, a private healthcare provider. Financial terms were not disclosed. "This strategic sale enables us to focus on expanding our comprehensive secondary and tertiary services and clinical facilities, including significant investments in Dubai and the Northern Emirates. Blue Ocean Health Group and Fakih IVF have been excellent partners to us and are well-positioned to continue growing their important, specialist work in the fertility sector,” David Hadley, NMC Healthcare CEO.

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