M42 says the deal makes it the Middle East's largest health care company.
No financial terms were disclosed, but reports put the price tag at between $2 billion and $2.5 billion.Bridgepoint bought Diaverum in 2007 for around $900 million, and has since nearly tripled its number of facilities. Diaverum filed for an IPO late 2020, but soon withdrew the offering.
"Dialysis is a procedure to remove waste products and excess fluid from the blood when the kidneys stop working properly. It often involves diverting blood to a machine to be cleaned. The size of the dialysis market globally is expected to grow in coming years because of aging populations and the increased incidence of kidney disease related to diabetes and other conditions."
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