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Ayyan Investment in talks to raise stake in Al Ahsa Medical

Ayyan Investment in talks to raise stake in Al Ahsa Medical
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AYYAN
2140
0.98% 14.36 0.14

Riyadh – Mubasher: The board of Ayyan Investment Co. decided to negotiate with the shareholders of Al Ahsa Medical Services Co, a 69.93%-owned subsidiary, who hold non-controlling stakes.

The talks come as Ayyan wants to increase its stake in Al Ahsa Medical, according to a bourse filing on Sunday.

Ayyan added that it will also negotiate on the transaction’s financing method, noting that it will provide more details in due course.