HBI Deals+Insights / Healthcare Reform

Saudi German valued at $1.57bn

The Saudi hospital group, Saudi German, has seen its shares rise 15% to 73.5 Saudi Riyals since it milked the Tadawul for US$471m last month. With just 788 beds, Saudi German, also known as the Middle East Healthcare Company, is valued extraordinarily highly; it made profits of US$89m on sales of US$881m in 2014, the last full year for which figures are available.

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