Posts tagged: NMC Health

Betaville Intelligence

UNCOOKED ALERT: NMC Health said to ... - Part 6

Saturday, 29 February 2020, 9:33 am

It's been a torrid week for global stock markets but have a guess at which company was the best performing stock in the FTSE 100?

Yes, it was the gulf-based hospital operator Muddy Waters loves to hate: NMC Health.

According to Bloomberg data, NMC Health's shares were up 9.73pc on the week, making it the best performing stock in the blue chip index. HSBC was the second best performer, losing 4pc on the week...

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Betaville Intelligence

UNCOOKED ALERT: NMC Health said to ... - Part 4

Monday, 24 February 2020, 9:19 am

Avid followers of my work might have noticed over the weekend in the Mail on Sunday's business section that a colleague and I spotted that Richard Chandler, the Kiwi "billionaire" was behind Jasmine Capital Investments, which has been building a significant stake in beleguered NMC Health over the last few weeks. See the link below:..

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Betaville Intelligence

UNCOOKED ALERT: KKR & Co said to ... - Part 3

Tuesday, 11 February 2020, 3:57 pm

So KKR decided to finally make a statement regarding FTSE 100-listed NMC Health. I have pasted it below:

"Kohlberg Kravis Roberts & Co. L.P. ("KKR") notes the announcement yesterday by NMC stating that it has received an approach from KKR regarding a possible offer for NMC.

KKR confirms that it has not made a proposal nor discussed with NMC the terms of any possible offer, and that it does not intend to make an offer for NMC."..

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Betaville Intelligence

UNCOOKED ALERT: NMC Health said to ... - Part 3

Tuesday, 4 February 2020, 3:03 pm

Private equity firms are said to be circling around NMC Health, the London-listed gulf hospital operator.

People following the situation said several of the world's largest buy-out houses have held talks with executives from NMC Health about a take private of the beleguered company.

However, it's not clear whether a formal written offer has been submitted to NMC Health, which has been the focus of a short selling attack from Carson Block's Muddy Waters...

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Betaville Intelligence

UNCOOKED ALERT: NMC Health said to ...

Thursday, 9 January 2020, 2:50 pm

NMC Health, the London-listed private hospitals company based in the United Arab Emirates, may see an "unusual" investor come onto its shareholder register that could spark another round of takeover speculation.

Earlier this week, lenders to two of NMC Health's largest Gulf-based shareholders forced them to sell $493 million of stock, around 15pc, via an accelerated bookbuild. The share sale was believed to have been a margin call by Deutsche Bank and Credit Suisse...

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