Saudi Hospital Group Fakeeh Care to List in Riyadh IPO
Thu, Apr 25, 2024 11:40 AM

Saudi Hospital Group Fakeeh Care to List in Riyadh IPO

A Flip by Shubhangi Gupta
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Saudi hospital group Dr. Soliman Abdul Kader Fakeeh Hospital and its shareholders plan to sell a 21.5% stake in its Riyadh initial public offering, as listings in the kingdom pick up after a short hiatus. The company will sell 30 million new shares while the founding family will offer 19.8 million shares in the IPO, according to a statement on Wednesday.

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