Amanat Holdings PJSC (AMANAT) signed an agreement on June 18, 2026, to acquire the remaining 10.03% stake in its healthcare subsidiary, Cambridge Health Group Holdings Limited (CHG), for AED 105 million.
The transaction, funded through available cash, will result in Amanat becoming the 100% owner of CHG with full control and an expected closing date between June 19 and June 24, 2026.
The acquisition will be accounted for as an equity transaction in Q2 2026, with 100% of CHG’s profits attributable to Amanat shareholders from the transaction date.
The stake is being acquired from Hayat Abdul Latif Jameel and Partners Trading Company (KSA), and the disclosure specifies no related party involvement.