Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  HSBC Holdings plc    HSBA   GB0005405286

HSBC HOLDINGS PLC

(HSBA)
  Report
Delayed Quote. Delayed London Stock Exchange - 01/22 11:35:08 am
407.35 GBX   -1.51%
01/22Energy, mining stocks weigh on British shares
RE
01/22European ADRs Move Lower in Friday Trading
MT
01/22CARETECH : HSBC Begins Coverage of Caretech with Buy Stance
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

HSBC : Saudi Arabia's Jadwa hires HSBC to advise on exiting UEMedical - sources

11/24/2020 | 04:23am EST
FILE PHOTO: An HSBC bank is pictured in New York

DUBAI (Reuters) - Saudi Arabian investment bank Jadwa Investment's private equity arm has hired HSBC to advise on the sale of its stake in Abu Dhabi healthcare group UEMedical, two sources familiar with the matter told Reuters.

Jadwa, which has a 42% holding, is considering a sale of the stake either through an outright sale or an initial public offering (IPO), said the sources, declining to be identified as the matter is not public.

The business is said to be worth around $800 million, they said.

United Eastern Medical Services (UEMedical) is specialised in women's, fertility and children's healthcare and has a network of premium health centres across Abu Dhabi, according to its website.

Jadwa acquired a stake in UEMedical in 2016 through its Healthcare Opportunities Fund 2, information on Jadwa's website shows.

HSBC declined to comment. Jadwa and UEMedical did not immediately respond to requests for comment.

Transactions in the healthcare sector have picked up this year, with Saudi Arabia's Dr. Sulaiman Al-Habib Medical Services Group going public and Almana General Hospitals in early talks with banks about an IPO on the kingdom's Tadawul exchange, Reuters reported in July.

(Reporting by Hadeel Al Sayegh; editing by Jason Neely)

By Hadeel Al Sayegh and Saeed Azhar


© Reuters 2020
All news about HSBC HOLDINGS PLC
01/22Energy, mining stocks weigh on British shares
RE
01/22European ADRs Move Lower in Friday Trading
MT
01/22CARETECH : HSBC Begins Coverage of Caretech with Buy Stance
MT
01/22XP POWER : HSBC Initiates XP Power With Buy Rating, Sets PT
MT
01/22PREMIER FOODS : HSBC Initiates Premier Foods with Reduce Rating, Sets PT
MT
01/22Singapore Exchange, Temasek tie up for digital asset venture
RE
01/22VACCINE RACES AND CURRENCY WARS : Mike Dolan
RE
01/21Sunac China to Issue $1.1 Billion Worth of Bonds in Two Tranches for Debt Pay..
MT
01/21European ADRs Edge Lower in Thursday Trading
MT
01/21Hong Kong Hang Seng Off 0.1% On Afternoon Profit-Taking; Tech Issues Weak
MT
More news
Financials (USD)
Sales 2020 49 996 M - -
Net income 2020 3 533 M - -
Net Debt 2020 - - -
P/E ratio 2020 32,5x
Yield 2020 1,68%
Capitalization 113 B 113 B -
Capi. / Sales 2020 2,26x
Capi. / Sales 2021 2,30x
Nbr of Employees 230 317
Free-Float 98,2%
Chart HSBC HOLDINGS PLC
Duration : Period :
HSBC Holdings plc Technical Analysis Chart | HSBA | GB0005405286 | MarketScreener
Technical analysis trends HSBC HOLDINGS PLC
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 5,32 $
Last Close Price 5,57 $
Spread / Highest target 32,9%
Spread / Average Target -4,50%
Spread / Lowest Target -25,3%
EPS Revisions
Managers and Directors
NameTitle
Noel Paul Quinn Group Chief Executive Officer & Executive Director
Mark Edward Tucker Non-Executive Group Chairman
John M. Hinshaw Group Chief Operating Officer
Ewen James Stevenson Chief Financial Officer & Executive Director
Steven C. van Wyk Chief Information Officer
Sector and Competitors