A consortium consisting of both a local and a Spanish private equity fund are in negotiations for acquiring a stake in Cairo Scan, a private provider of diagnostic and interventional imaging services, according to Al Mal. The private equity firms are reportedly negotiating for the undisclosed stake owned by Dr. Mohammed Abdel Wahab (which sources state are above 40%), the founder of the company, who is planning sell his stake. Cairo Scan was established in 1983 and owns 15 radiology centres in Cairo and Giza, in addition to three clinical laboratories under the brand name Labmed Egypt.