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Selling of shares in a famous hospital valued at 9 million K.D.

Building up on our success track record in the healthcare industry, Al Markaz Law Firm has recently advised and acted on behalf of the financial advisor in relation to the sale of a capital control share (constituting 52% of the capita)l of a specialized maternity and pediatric hospital in Kuwait, whereby the stake acquired was valued at approximately KWD 9 million (approx. USD$29.69 million). This entailed structuring the transaction, drafting and reviewing the Letter of Intent, the Share Purchase Agreement and the Shareholders Agreements to give effect to the parties’ intentions and realize their legal and business objectives.

This transaction was handled by Nazih Hameed (Senior Associate) and Bishr Al Boukai (Senior Associate).