Page 197 - AAE PR REPORT - JUNE 2024
P. 197

6/6/24, 9:34 AM    PRESSR: EFG Hermes completes advisory on $764mln IPO of Fakeeh Care Group on the Saudi Exchange — TradingView News
        boasts five medical centers (including NEOM Advanced Medical

        Center through an operating model) with around 220 doctors,

        complemented by a range of integrated healthcare services to meet


        everyday health needs. Its operational excellence is driven by its

        highly integrated hub-and-spoke healthcare model, a structure that

        maximizes efficiency while being adaptable.




        This transaction is the latest in a series of landmark deals the Firm

        has advised on in the GCC region over the years, including eight IPOs

        in 2023 alone. Most recently, it acted as the joint bookrunner on


        Spinney’s IPO on the Dubai Financial Market (DFM), as well as

        Parkin’s IPO on the DFM – the most oversubscribed IPO on the DFM to

        date. The Firm also advised on the IPO of Dubai Taxi Company on the


        DFM and OQ Gas Networks on the Muscat Stock Exchange (MSX), the

        largest Omani IPO in over two decades. It also advised on the IPO of

        ADES Holding Company on the Saudi Exchange, as well as the

        successful IPOs of ADNOC L&S and ADNOC Gas Plc on the Abu Dhabi


        Securities Exchange (ADX); IPO of Lumi Rental Company on the Saudi

        Exchange; Abraj Energy Services on the MSX; and Al Ansari Financial

        Services PJSC on the Dubai Financial Market (DFM).




        -Ends-























      https://www.tradingview.com/news/reuters.com,2024-06-05:newsml_Zaw19z2CQ:0-pressr-efg-hermes-completes-advisory-on-764mln-ipo-of-fakeeh-c…  3/3
   192   193   194   195   196   197   198   199   200   201   202