National Medical Care Company completed the acquisition of Jiwar Medical Services Company from SmartMed.
National Medical Care Company (SASE:4005) completed the acquisition of Jiwar Medical Services Company from SmartMed on June 7, 2023. The procedures for Careâs acquisition of the entire share capital of the Jiwar Medical have been completed following the satisfaction of the condition precedents stipulated in the Agreement including obtaining approvals from the relevant authorities. The purchase price will be settled in accordance with the completion accounts mechanisms under the Agreement and through Careâs internal sources.