Al Hammadi extends MoU to buy 40% of Wareed Medical by 90 more days

27/07/2025 Argaam
A hospital of Al Hammadi Holding Co.

 

A hospital of Al Hammadi Holding Co.

Al Hammadi Holding Co. extended the non-binding memorandum of understanding (MoU) to acquire a 40% stake in Wareed Medical LLC by an additional 90 days, the company said in a statement to Tadawul.

 
The extension will enable the preparation of an independent assessment of feasibility and strategic alignment.
 
 
The financial impact will be determined after signing the share purchase agreement, the statement added.
 
In April, Al Hammadi Holding signed a non-binding MoU to acquire a 40% stake in Wareed Medical, according to data available with Argaam.

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