The Law Office of Salman M. Al-Sudairi in association with Latham & Watkins has advised Middle East Healthcare Company (MEAHCO) on its $480 million initial public offering and the listing of its shares on the Tadawul, the Saudi Stock Exchange.

MEAHCO is a healthcare service provider in Saudi Arabia that operates four major hospitals Riyadh, Jeddah, Madinah and Aseer. According to Reuters, MEAHCO will offer 30 percent of itself in its initial share sale, equivalent to 27.6 million shares, which will be marketed to institutional investors and then to the public.

A Latham & Watkins team led by Riyadh-based partners Sami Al-Louzi and Salman Al-Sudairi advised MEAHCO on the IPO, the first IPO in Saudi Arabia in 2016.

Related Articles

Deals

Latham, CAM advise on $370 mln India gas deal

by Nimitt Dixit |

Latham & Watkins and Cyril Amarchand Mangaldas have advised a Japanese consortium on its $370 million primary investment into India’s AG&P LNG Marketing.

Appointments

Latham taps rival MoFo for M&A partner in Tokyo

by Nimitt Dixit |

Global law firm Latham & Watkins has turned to U.S. rival Morrison & Foerster to bolster its M&A capabilities in Japan with the hire of deals and private equity partner Yohei Nakagawa in Tokyo.

Deals

CAM, S&R act on Tata Technologies’ planned $366 mln IPO

by Mari Iwata |

Cravath, Swaine & Moore and Cyril Amarchand Mangaldas are advising India’s Tata Technologies on its planned 30.4-billion-rupee ($366 million) initial public offering, with Latham & Watkins and S&R Associates acting for the bookrunning lead managers JM Financial and Citigroup Global Markets India.