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Egyptian government approves private sector’s acquisitions in healthcare

Egyptian government approves private sector’s acquisitions in healthcare

ArabFinance: The Egyptian Cabinet has approved the acquisition and investment applications submitted by the private sector in the healthcare sector, where acquired shares reach below 10% after the conclusion of deals, according to an official statement on May 11th.

Prime Minister Mostafa Madbouly called for studying the rest of the submitted applications, where acquired stakes exceed 10% upon completion of deals.

A concerned committee with setting conditions and regulations for acquisitions and investments in the private healthcare sector will hold a meeting to consider proposals for different acquisition shares.

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