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An offer has been submitted to CI Capital Holding For Financial Investments to start the negotiation process, Speed Medical said in a bourse disclosure on Sunday.
In a separate statement, Alexandria New Medical Center responded to news reports about CI Capital receiving offers from Cleopatra Hospitals Group, Tawasol alliance, and Al Asafra-Tana alliance for the acquisition of Alexandria New Medical Center.
The company said that it has no information concerning the matter.
In 2020, Speed Medical achieved net profits of EGP 79.2 million, up from EGP 17.09 million in 2019, including minority shareholders’ rights.
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