Aster DM Healthcare's Gulf unit plans $250M investment in Saudi Arabia to expand healthcare network.
Aster DM Healthcare's Gulf unit plans to invest up to $250 million in Saudi Arabia, aiming to acquire healthcare assets and expand its network to over 1,000 hospital beds, 180 pharmacies, and 20 medical centers within three to five years. Following a major stake sale, the unit, now privately operated, intends to go public in the coming years. This expansion coincides with increased IPO activity in Saudi Arabia's healthcare sector.
September 27, 2024
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