UAE: Amanat Holdings abandons plans to acquire VPS Healthcare

Dr. Shamsheer Vayalil, founder of VPS Healthcare and vice chairman and managing director at Amanat Holdings

Investment firm Amanat Holdings has abandoned discussions to acquire a stake in Abu Dhabi-based hospital operator VPS Healthcare Group.  The Dubai-based company said in a statement that both parties had agreed to stop their discussion in relation to the transaction. ‘Amanat will continue to assess other opportunities aligned with its investment strategy to establish platforms…

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