KING & SPALDING ADVISES AL NOOR HOSPITALS GROUP

King & Spalding represented Al Noor Hospitals Group PLC (Al Noor), the largest integrated private healthcare provider in Abu Dhabi, in the restructuring of its Abu Dhabi operations, achieving a £221m initial public offering (IPO) last week in the UK. 

The innovative corporate structure that King & Spalding developed for the business was favourably received by the sponsors and UK Listing Authority (UKLA). Through this project, King & Spalding has set a precedent for Middle Eastern companies to successfully undergo a premium listing on any international exchange. 

The team at King & Spalding was led by Middle East-based partner Nabil Issa and senior associate Simon Rahimzada in Abu Dhabi.