What:
City Lab Egypt has caught the eye of a Gulf consortium, according to a company statement.
Who’s on board?
The consortium comprises leading medical companies like Premium Diagnostics from Saudi Arabia, the UAE, the US, and Egypt.
For how much?
The group has extended an offer to acquire up to a 25% stake in City Lab for a cool EGP 250 million.
Now What:
According to the same source, City Lab’s board of directors is set to convene this Wednesday to deliberate and cast their votes on this enticing proposal. Stay tuned for the outcome!
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
