CAMEO+ eventCORPORATE2026-05-07馃嚫馃嚘

Saudi Fakeeh Care to acquire Al Faqih & Partners for $425 million

source: Dr Soliman Abdulkader Fakeeh Hospital Company (Fakeeh Care) -> target: Dr Mohammed Bin Rashed Al Faqih & Partners Company

On 2026-05-07, Saudi Arabia鈥檚 Fakeeh Care said it had acquired Dr Mohammed Bin Rashed Al Faqih & Partners Company for SAR 1.596 billion ($425 million) in a cash deal. The transaction is to be funded through internal resources and bank debt and is part of Fakeeh Care鈥檚 plan to expand its footprint in Riyadh.

0.21Significance4.0Magnitude0.2Systemic0.3Market1Articles
Location
RiyadhRiyadh ProvinceMiddle EastSaudi ArabiaAsia24.714, 46.675
Story Links
Saudi Fakeeh Care to acquire Al Faqih & Partners for $425 million - GDELT Cloud Event | GDELT Cloud