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Thursday, 4 August 2016

UAE healthcare firm AVIVO aims to raise $500 mln in London float in March | Reuters

UAE healthcare firm AVIVO aims to raise $500 mln in London float in March | Reuters:

"United Arab Emirates-based healthcare firm AVIVO Group aims to list in London next March and raise around $500 million from the offering, its chairman told Reuters on Wednesday.

The company is the latest from the emirates' burgeoning healthcare sector to seek a listing in Britain, as restrictive listing rules in their home jurisdiction and the lure of selling to institutional investors that are specialists in the industry draw them to London.

AVIVO Group has 43 healthcare outlets, including hospitals, clinics and dentistry services, the majority of which are in the UAE but also in Kuwait."



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