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Waha Capital unit exits stake in PHD

Waha Capital unit exits stake in PHD
Photo credit: Arabianeye-Reuters
Waha Capital
OILC
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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.