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PRESS RELEASE: MBH acts as counsel to Tana Capital in acquisition of Mabaret Al Asfara hospitals in Alexandria

Matouk Bassiouny & Hennawy (“MBH”) acted as counsel to South Africa’s Investment Company Tana Capital in its minority stake acquisition in Alexandria Medical Investment Company, the majority shareholder of Mabaret Al Asafra Hospitals Group. The deal closed on 21 May 2020.

The MBH team assisting on the Transaction was led by Nevine Aboualam (Partner) and included Maha El Meihy (Senior Associate), Areej Elhammouri (Senior Associate) and Khaled Ghanem (Senior Associate). Nevine Aboualam says, “This deal is an important step in advancing Egypt’s goal to enhance the healthcare sector, which comes at a critical time of need.

MBH represents Tana Capital. The majority shareholders of Alexandria Medical Investment Company were represented by TMS Law Firm.

 

For further press related inquiries please contact Mary Harding (mary.harding@matoukbassiouny.com).