NMC Health has agreed to buy 51 per cent of the Fakih IVF Group to tap the UAE’s booming fertility market.
The Abu Dhabi healthcare company said yesterday that it had agreed to pay Dh696 million for the stake in what is one of the largest fertility clinics in the Middle East, performing more than 4,000 IVF cycles a year.
The deal, which also includes a mechanism by which NMC could increase its stake in privately owned Fakih IVF, comes just…