Deals
Saudi Healthcare Firm Said to Start IPO in Wake of Aramco Sale
- Dr. Sulaiman Al Habib Medical hires Jadwa, Riyad Capital
- Company received regulatory approval for IPO last year
The Dr Sulaiman Al Habib hospital in Buraidah.
Photographer: Tasneem Alsultan/BloombergThis article is for subscribers only.
One of Saudi Arabia’s largest private healthcare operators plans an initial public offering next month, according to people familiar with the matter, in what will be a litmus test for investor appetite after the world’s biggest share sale.
Dr. Sulaiman Al Habib Medical Group appointed Jadwa Investment and Riyad Capital as advisers, the people said, asking not to be identified because the matter is private.