Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.
Squire Patton Boggs says it advised Arab Invest on a $37.5 million AKDITAL KSA investment
Squire Patton Boggs said it advised Arab Invest on acquiring a 15% stake in AKDITAL KSA for $37.5 million through a partnership with AKDITAL Group and Mediterrania Capital Partners. The firm said the investment supports the healthcare operator’s regional expansion and development of healthcare facilities in Arab countries.
Key points
- Squire Patton Boggs said AKDITAL Group is headquartered in Morocco and listed on the Casablanca Stock Exchange.Squire Patton Boggs
- The firm said Arab Invest was formerly known as The Arab Investment Company.Squire Patton Boggs
- Squire Patton Boggs said Arab Invest was established in 1974 and is owned by 16 Arab governments.Squire Patton Boggs
- The firm said Abdulaziz Al-Alami led its team, assisted by Salman Kotwal and Faisal AlZamil.Squire Patton Boggs