CPA green lights deals in healthcare and education

KUWAIT CITY, April 16: The Competition Protection Authority (CPA) announced its approval of several economic concentration requests, including acquisitions and joint control deals in various sectors, most notably healthcare and education. The decisions included approval of Aayan Leasing and Investment Company’s acquisition of 51.96 percent of the shares of Dar Al-Shifa Hospital Company K.S.C. (Kuwait), as part of a concentration deal in the healthcare sector. It also approved the acquisition by Al- Marafie Al-Namouthajiyah Educational Services Company of 100 percent of the shares of South Kuwait Educational Services Group, reflecting continued expansion in the private education sector. In the food industry sector, CPA approved the joint control deal between BRF GmbH (Austria) and Halal Products Development Company (Saudi Arabia) over One Foods Holdings Limited (UAE) through BRF Arabia Holding Company (Saudi Arabia).

By Marwa Al-Bahrawi Al-Seyassah/Arab Times Staff