Pure Health Completes $1.2 Billion Acquisition of UK's Circle Health Group

Pure Health Completes $1.2 Billion Acquisition of UK's Circle Health Group

By Staff Writer, 15 January 2024

Abu Dhabi-based Pure Health has successfully concluded its acquisition of the UK hospital operator Circle Health Group for Dh4.41 billion ($1.2 billion).

As the largest healthcare group in the UAE, Pure Health is strategically expanding its footprint in the global healthcare sector.

In an official statement released on Sunday, Pure Health revealed its intentions to pursue further acquisitions both domestically and internationally, aiming to establish a robust global healthcare platform.

This move into the UK follows Pure Health's substantial equity investment of Dh1.8 billion in Ardent Health Services, the fourth-largest private healthcare group in the United States with operations spanning across six states.

Hamad Al Hammadi, Chairman of Pure Health, expressed enthusiasm about the company's international ventures, stating, “After investing in Ardent Health USA, this is Pure Health’s second international acquisition, and we look forward to building our portfolio.”

The acquisition of Circle Health from the US-based Centene Corporation was initiated in August, signifying Pure Health's strategic entry into the UK healthcare market.

The completion of this deal marks a significant step in Pure Health's global expansion strategy and solidifies its position as a key player in the international healthcare arena.

Deena Kamel / The Natonal

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