NMC Health has withdrawn its bid for rival United Arab Emirates-based healthcare provider Al Noor Hospitals due to valuation concerns, its vice chairman and chief executive told Reuters on Monday.
"The transaction is not goin
Abu Dhabi-based NMC Health, a leading integrated private healthcare provider, has announced that it has completed its acquisition of ProVita International Medical Center, a major provider of long-term medical care in the UAE.
Abu Dhabi-based NMC Health, a leading private healthcare provider, will acquire 100 per cent of the share capital of ProVita International Medical Center, a top long-term medical care provider in the UAE, for $160.6 million.
NMC Health, a leading private healthcare provider operating across the UAE has completed its acquisition of Americare Group, a leading provider in the UAE in-home healthcare services segment.
The acquisition, which was expected to
NMC Health, a leading healthcare operator in the UAE, has announced a 12.1 per cent rise in net profit to $77.5 million for 2014 as well as the acquisition of a global fertility treatment provider based in Barcelona, Spain for $162 million.
NMC Health, the London-listed United Arab Emirates healthcare provider, has signed an $825 million loan with a group of banks, the company said in a bourse filing on Monday.
The facility is divided into two tranches - the first, for $35
UAE-based healthcare provider NMC Health, founded by billionaire Indian entrepreneur BR Shetty, is in talks with bankers for a potential long-term loan, four sources with knowledge of the matter said on Monday.
The London-listed c
NMC Health, the United Arab Emirates healthcare provider, boosted first-half profit by nearly 27 percent, aided by higher occupancy across its hospitals, it said on Tuesday.
The London-listed company, which operates general and sp
NMC Health, a United Arab Emirates healthcare provider posted a 17.4 per cent rise in first-half net profit helped by higher occupancy levels, its chief financial officer said on Tuesday.
NMC, which floated on the London market in