Waha Capital unit exits stake in PHD

Abu Dhabi – Mubasher: Waha Capital said that its subsidiary, Anglo Arabian Healthcare, has signed the final documents to sell its entire stake in a PHD Laboratories unit to Al Borg Medical Laboratories.

The deal will be sealed in three months, after the three entities and regulatory authorities grant their approvals, according to a bourse statement issued on Monday.

Waha Capital noted that it would disclose the entire details once the deal is sealed.

Mubasher Contribution Time: 22-May-2017 06:55 (GMT)
Mubasher Last Update Time: 22-May-2017 07:00 (GMT)