Dubai's Aster DM Healthcare in $245 mln Saudi hospital investment

October 18, 2015 8:32 AM

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DUBAI Oct 18 Aster DM Healthcare, a Dubai-based healthcare company, has bought an additional 57 percent stake in a hospital in Riyadh for 900 million dirhams ($245 million), it said on Sunday.

The investment in Sanad Hospital, which brings Aster DM Healthcare's total ownership stake to 97 percent, means it now has six hospitals in the Gulf Arab region, the statement said.

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