Cleopatra Hospitals acquires 100% assets of Alameda Healthcare Group

EGYPT – Cleopatra Hospitals Group (CHG) has signed an agreement for the acquisition of 100% of Alameda Healthcare Group’s assets in Egypt and the operational merger of hospitals and medical units.  The deal, pending certain conditions and regulatory approvals, is expected to close in the first half (H1) of 2021.  The UAE company Alameda, owned and controlled by its Chairman, Fahad Khater, owns and operates through its subsidiaries a number of hospitals and medical units in Egypt, such as Dar El Fouad 6th of October, Dar El Fouad Nasr City, As-Salam International Hospital, and…

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