• HSBC

Eastern Medical plans Abu Dhabi acquisitions

  • United Arab Emirates: Sunday, June 14 - 2009 at 10:36

Abu Dhabi-based United Eastern Medical Services is negotiating for the acquisition of stakes in two Abu Dhabi-based medical centres and is also looking at suppliers, according to the firm's CEO. Mohammed Ali Al Shorafa said funding of the projects and investment plans for acquisitions and joint ventures will be raised through both equity and credit. The group plans a number of further acquisitions and joint ventures over the next 10 years, according to Emirates Business.

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