Abu Dhabi conglomerate IHC acquires 15% of healthcare provider Burjeel

RIYADH: International Holding Co. has purchased a 15 percent stake in Burjeel Holdings, which is planning to go public this year in Abu Dhabi, Bloomberg reported.

“The acquisition will aim to continue to scale and diversify IHC’s investment in the healthcare sector locally and regionally,” the firm said in a statement.

IHC is the largest company in the UAE by market value and is led by Sheikh Tahnoon Bin Zayed Al Nahyan, the UAE’s national security adviser and the brother of the country’s president.