Abu Dhabi-headquartered multinational group VPS Healthcare has hired investment arm of Emirates NBD and JP Morgan to advise on an initial public offering (IPO) in Abu Dhabi during the second half (H2) of 2022, Reuters reported on April 11th.
The company previously planned to launch an IPO on London Stock Exchange (LSE) in 2019 but was discouraged by the uncertainty triggered by Brexit
Founded in 2007, VPS Healthcare operates 23 hospitals and around 125 medical centers in the Middle East, Europe, and India.