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Smile Care to acquire Fahd Al-Ajaiji Dental
Basma Edim Medical Company "Smile Care" announced that it has canceled the non-binding memorandum of understanding with Al-Ajeji Trading regarding its acquisition of all shares in Fahd Abdullah Al-Ajeji Dental Complex. This decision was made due to the failure to reach a final agreement on the transaction details and acquisition terms. The company clarified that the termination of the memorandum was amicable and without any additional financial obligations, and that it did not affect its financial position or operational results. The company had previously announced in April 2026 its intention to acquire the company through a combination of cash and shares, with deferred payments linked to future financial targets.
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