CareTech invests in mental health services in the UAE

Farouq Sheikh, CareTech executive chairman

CareTech International Ltd – a wholly owned subsidiary of CareTech Holdings Plc – has invested more than £7m in a private outpatient mental health services provider in the United Arab Emirates. CareTech will own a 51% stake in AS Investments Holding Ltd and AS1 Investments Holding Ltd (AS Group), which holds a majority equity interest…

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