Jeddah-based healthcare provider Saudi German Hospitals Group (SGH) plans to list its shares on the Saudi Tadawul within two years, its president and CEO told Arabian Business.
The group, which operates eight private hospitals in the region, said an IPO would ensure the family-owned firm’s continuity, said Sobhi A Batterjee.
“We are planning to go public and we are working on it now. We are a family business and listing is mandatory for succession,” he said.
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