Egypt: Speed Medical acquires stake in New Al Safwa Specialized Hospital Company

Speed Medical has acquired a stake in New Al Safwa Specialized Hospital Company through its subsidiary in a deal for E£185m (US$11.8m). Speed Hospitals Company will hold a 50% stake in Cairo-based Al Safwa Hospital, while the remaining half will be owned by a group of investors, Speed Medical reported to the Egyptian Exchange (EGX)…

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