The Clap
According to Al Borsa News, Ibnsina Pharma (ISPH) is planning an acquisition in the hospital sector in the coming two months. They are also studying the possibility of investing in the healthcare and logistics sectors.
Background
In May 2022, Ibnsina acquired Al-Shorouk Hospital in its first bit of business in the hospital sector.
The Deets
Sources say that the deal will take place through AIM, Ibnsina’s investment arm.
The company is also considering transferring ownership of Al-Shorouk Hospital to AIM.
What is AIM?
AIM is a company established by Ibnsina to deal with FDI and combines other subsidiaries under one umbrella.
Ibnsina Pharma has an acquisition in sight? 👀
