Speed hospital, Investors to acquire New Al-Safwa Specialized Hospital Company

EGYPT – Speed Hospitals Company, a subsidiary of Speed Medical, and Egyptian and Arab investors have acquired 100 percent of the shares of the New Al-Safwa Specialized Hospital Company in Sixth of October City, with a total value of LE 185 million (US$11.81m). Speed ​​Medical said that the share of “Speed ​​Hospitals” is estimated at 50 percent of Al-Safwa Hospital, while the remaining of the share will go to the group of Egyptian, Arab and foreign investors whose stakes will be managed by Pharos Company for Portfolio Formation and Asset…

Read More