Safanad Sells HC-One in $1.6B Deal

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Pivot Toward the Gulf

Looking ahead, Safanad signaled a geographic recalibration. The firm said it will intensify its focus on Saudi Arabia and the Persian Gulf region, citing structural transformation efforts that present long-term value creation opportunities. At the same time, Safanad intends to deepen its presence in global healthcare markets.

A representative for HC-One did not immediately respond to a request for comment regarding the sale.

As of Monday, details about the legal advisers guiding the transaction were not available.

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