Babil Group acquires stake in Starcare Hospital Group : vima

Babil Group acquires stake in Starcare Hospital Group


Babil Group acquires stake in Starcare Hospital Group
By: Times News Service
Photo: Supplied
Muscat: Starcare International, the holding company that operates several prestigious hospitals, medical centres, and pharmacies in Oman and UAE has announced its new partner on board Babil group which is a diversified Oman-based company that’s core business is into supplies, trading, and hospitality fields. The company has operations in more than six countries.
“We had a minor stake in Starcare from its inception itself, which gave us good insight into the potential of the healthcare in the country in general and Starcare in particular. So it was only a natural choice for us to acquire a significant stake in the company when an opportunity arose," remarked SM Basheer, Managing Director of Babil group.

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