K&A successfully advised Dallah Healthcare Company, a leading listed healthcare company, on signing the share acquisition agreement to acquire Al-Ahsa Medical Services Company and Al-Salam Medical Services Company, the owners and operators of Al-Ahsa Hospital and Al-Salam Hospital, respectively, from Ayyan Investment Company, a listed company. The value of the share component of the transaction is valued exceeds half a billion Saudi Arabian Riyals.
The transaction will be conducted through a share swap and a potential cash component, and is still subject to regulatory and shareholders’ approvals.
K&A’s team is led by Managing Partner Zeyad Khoshaim and Senior Associate Ghaida Meaigel, supported by a team including associates Duaa Amer and Saud Aldriss. K&A’s team was also supported by expert advice from the recently joined veteran corporate partner Christian Both.
This transaction is a continuation of K&A’s stellar public M&A record, having recently expanded its team by hiring two veteran M&A partners, and having closed the QCC/HCC and SEDCO/Budget deals this year.
