DUBAI, October 12, 2017 – King & Spalding represented London-listed NMC Healthcare on its purchase of a majority stake in a new multi-specialty hospital in Saudia Arabia.
Dubai-based NMC Healthcare is to purchase a 60 per cent holding in the facility, which will be based in the southern city of Najran. The acquisition is part of a $40 million expansion in Saudi Arabia for NMC. More information can be found here.
King & Spalding acted for NMC on the acquisition, with Dubai-based partner Nabil Issa leading the team. Other corporate lawyers on the deal included partner Osama Audi and associates Yousef Farsakh and Faris Al-Louzi, based in Dubai, alongside Riyadh counsel Mohammad Al-Ammar. Dubai-based partner James Stull and associate Dora Chan worked on structuring matters.