Amanat Holdings PJSC (DFM:AMANAT) announced that it is assessing a potential acquisition of a strategic stake in the Middle East operations of VPS Healthcare Ltd. Amanat considers this potential Transaction as fully aligned with its strategy to invest in leading healthcare service providers and establishing platforms to grow and scale profitably. This transaction is expected to further consolidate the firm's position as a key healthcare investment company and partner of choice with fully-fledged operational capabilities to build long-term value for shareholders. “Amanat has robust governance processes, measures and risk management in place to ensure that any conflict of interest is managed. Any definitive agreement will require formal approvals from Amanat's Board of Directors, its General Assembly and its regulators and will be done in full compliance with the UAE regulations," the company said in a statement. Amanat has appointed JP Morgan as its financial advisor on the transaction. The transaction is still at an early stage and is contingent upon commercial and business due diligence as well as internal and regulatory approvals.