{"id":629153,"date":"2018-05-23T04:26:09","date_gmt":"2018-05-23T04:26:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/golf-international-hospital-closing-in-on-acquiring-al-masah-hospital-for-egp-45-mn\/"},"modified":"2018-05-23T04:26:09","modified_gmt":"2018-05-23T04:26:09","slug":"golf-international-hospital-closing-in-on-acquiring-al-masah-hospital-for-egp-45-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/golf-international-hospital-closing-in-on-acquiring-al-masah-hospital-for-egp-45-mn\/","title":{"rendered":"Golf International Hospital closing in on acquiring Al Masah Hospital for EGP 45 mn"},"content":{"rendered":"

M&A WATCH- Heliopolis-based <\/strong>Golf International Hospital (GIH)<\/strong><\/a> is closing in on a EGP 45 mn acquisition of Al Masah Hospital<\/strong>, GIH CFO Mohamed Abdelaaty tells Al Mal.<\/a> The contract for the transaction should be signed by the end of Ramadan, according to Abdelaaty. The two hospitals began talks on the transaction a while ago, but had already reached a separate agreement several years back for GIH to take over management of Al Masah. The agreement would see GIH paying c. EGP 20-30 mn for Al Masah as well as obligations to suppliers worth some EGP 15 mn. GIH had been shut down earlier this month<\/a> by the Health Ministry over allegations of \u201clife threatening\u201d violations, but that decision has since been reportedly revoked.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Heliopolis-based Golf International Hospital (GIH) is closing in on a EGP 45 mn acquisition of Al Masah Hospital, GIH CFO Mohamed Abdelaaty tells Al Mal. The contract for the transaction should be signed by the end of Ramadan, according to Abdelaaty. The two hospitals began talks on the transaction a while ago, but […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629153","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"7b3d7a93-ad01-4257-8fcb-c1a77e262eb4","order":"0","is_powered_by":true,"section_story_id":"717bd19b-ae50-474b-92b0-2be2910b200c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[629135],"teaser":"","voice_url":""},"yoast_head":"\nGolf International Hospital closing in on acquiring Al Masah Hospital for EGP 45 mn - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/golf-international-hospital-closing-in-on-acquiring-al-masah-hospital-for-egp-45-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Golf International Hospital closing in on acquiring Al Masah Hospital for EGP 45 mn\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Heliopolis-based Golf International Hospital (GIH) is closing in on a EGP 45 mn acquisition of Al Masah Hospital, GIH CFO Mohamed Abdelaaty tells Al Mal. 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We hope that you\u2019re enjoying the milder weather and getting some respite from the past week. 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