ArabFinance: International Company for Medical Industries’ (ICMI) board of directors have approved presenting a purchasing offer for a minimum of 75% of Alfa Medica and New Alfa companies at a price of EGP 0.55 per share, according to a filing to the Egyptian Exchange (EGX) on Tuesday.
The board also approved presenting an offer for the full acquisition of a medical clothes company for a consideration of EGP 4.3 million.
Established in 2004, ICMI operates within the health care equipment and services sector focusing on health care equipment.