GE Healthcare has formed a joint venture in Saudi Arabia with partner El Seif Development.
The new company, GE El Seif Healthcare Arabia, will bring to market GE's portfolio of diagnostic and imaging equipment, according to GE of Chalfont St. Giles, U.K. GE will have a 51% stake in the joint venture, with El Seif holding 49%.
The new joint venture complements an existing joint venture between the two companies, GE El Seif Medical Services.
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