UAE's PureHealth announces intention to list on ADX

Supplied

PureHealth Holding has announced its intention to proceed with an initial public offering (IPO) and subsequently list its shares on the Abu Dhabi Securities Exchange in December, subject to approvals.

Shareholders in PureHealth are currently Alpha Dhabi Holding and International Holding Company, Healthcare Holding LLC, subsidiaries of the Abu Dhabi-based conglomerate IHC; and ADQ, an Abu Dhabi-based investment and holding company, by way of a wholly owned subsidiary.

PureHealth has a diverse UAE portfolio encompassing over 25 hospitals, 100 clinics, multiple diagnostic centers, health insurance solutions, pharmacies, health tech, and procurement.

In May, PureHealth recently completed its acquisition of Circle Health Group in the UK and Ardent Health Services in the US.

More from Business

Coming Up on Dubai Eye

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

  • Afternoons with Helen Farmer

    1:00pm - 4:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!