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FRA Files Two Lawsuits Against Speed Medical

The FRA has filed two lawsuits against Speed Medical (SPMD).

In a disclosure to the EGX, SPMD revealed that the first lawsuit concerns the company’s compliance with the regulatory disclosures regarding the acquisition of Prime Healthcare.

The second lawsuit concerns the acquisition of Al Safwa Specialized Hospital & Prime Speed Medical.

The first hearing will take place on January 3rd, 2022.