The merger is still subject to regulatory approval and expected to conclude in Q1 2022
The bank had previously gotten offers from Nile Scan and Labs Company in Egypt and UAE-based Global One Healthcare Holding Company
CHG is not the only one looking into acquiring the company
After months of debate and back and forth, GlaxoSmithKline’s Egyptian and Tunisian assets could be swept up by Abu Dhabi’s sovereign wealth fund (ADQ)