Thursday 2 June 2022

Mubadala buys medical schools in Brazil -report | Reuters

Mubadala buys medical schools in Brazil -report | Reuters

UAE's state investor Mubadala Investment Co PJSC has acquired two for-profit medical schools in Brazil, Brazilian newspaper Valor Economico reported.

Mubadala acquired two schools in the northeastern state of Bahia, UniFTC and UnesulBahia, with around 2,000 students, the paper reported. The deal value was not disclosed, it added.

Requests for comment sent to the group that owns both schools and Mubadala were not immediately replied to.

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