IFLR1000

Middle East Healthcare Tadawul IPO

29/3/2016
IPO
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SR 1.8 billion

$ 479.886 million

Completed

29/3/2016

Overview:

  • Middle East Healthcare Company (MEAHCO) has undertaken an IPO on the Tadawul.
  • The company offered around 30% of its shares at SR64 a share and is set to raise around SR1.8 billion.
  • Samba Financial Group acted as underwriter.
  • MEAHCO operates four hospitals across Saudi Arabia and is currently developing new sites at Dammam and Hail.

Sam Duke - Editor

Jurisdictions:

Saudi Arabia
United Arab Emirates

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sector:

Healthcare

Firms:
Clifford Chance

Party: Samba Financial Group (Underwriter)

Latham & Watkins

Party: Middle East Healthcare Company (MEAHCO) (Issuer)

Lawyer: Salman Al-Sudairi

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