30th Dec 2013 07:42
LONDON (Alliance News) - Al Noor Hospitals Group PLC, the private healthcare provider in Abu Dhabi, said Monday that it has acquired the Gulf International Cancer Centre in Al Bahia, Abu Dhabi, for an initial cash consideration of USD21.8 million.
The healthcare provider said that a further one-off payment of USD2.7 million will be paid up front for lease rent, and additional payments of up to USD2.2 million will be payable, subject to performance up to the end of 2014.
It said that the acquisition is in line with its strategy, and broadens its range of services to patients.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
Copyright © 2013 Alliance News Limited. All Rights Reserved.
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