Business
Abu Dhabi’s G42, fund Mubadala combine healthcare assets
Emirati intelligence firm G42 and Abu Dhabi state fund Mubadala Investment Company have combined their healthcare assets into a new company named M42, they said in a joint statement on Monday.
For the latest headlines, follow our Google News channel online or via the app.
M42, to be led by group chief executive and managing director Hasan Jasem al-Nowais, will own a large portfolio which includes Imperial College London Diabetes center, Danat al-Emarat, and HealthPoint Hospital.
M42 will also look at “opportunities for global expansion and partnerships with pharmaceutical, healthcare, and healthtech leaders to bring high-quality care to communities around the world,” the statement said.
Read more:
Dubai-based Network International receives $2.61 bln cash offer from CVC
Abu Dhabi utility major TAQA establishes new green finance framework
From Ukraine to post-quake Turkey: Telecom provider connects the unconnected