Khoshaim & Associates advised Dallah Healthcare on SAR 1.6 billion healthcare M&A transaction
The leading independent Saudi Arabian law firm, Khoshaim & Associates (K&A) advised Dallah Healthcare Company and other sellers on the signing of the sale of the entire stake in Dr. Mohammed bin Rashid Al Fagih & Partners Company (MRFP) for SAR 1.6 billion in cash, marking one of the largest M&A transactions in Saudi Arabia’s healthcare sector and among the largest deals announced this year.
MRFP owns and operates Dr. Mohammed AlFagih Hospital in Riyadh, a multi-specialty hospital with a capacity of approximately 350 beds. K&A advised on all aspects of the transaction, including deal structuring, negotiations, transaction documentation and related capital markets matters. The transaction remains subject to satisfaction of conditions precedent, including regulatory approvals.
The K&A team was led by Basma Khashoggi (Partner) and Ghaida Meaigel (Counsel), with support from Rana Azhar (Associate) and the team of associates based out of Saudi Arabia.
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