Fakeeh Care plans to float 30% of capital: Report

27/08/2023 Argaam

Fakeeh Care plans to float 30% of capital: Report

Logo of Fakeeh Care Group

 

Saudi Arabia’s Fakeeh Care Group is considering selling a 30% stake through an initial public offering (IPO), Reuters reported, citing sources with knowledge of the matter.

 

The family-owned business appointed HSBC to advise on the deal, said the sources.

 

Fakeeh Care was established in 1978 with the opening of its first hospital, named Dr. Soliman Fakeeh Hospital.

 

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