PureHealth Is Said to Weigh Bid for Mideast Hospital Chain NMC

Nov. 14, 2024, 11:27 AM UTC

PureHealth Holding PJSC, a health-care group controlled by Abu Dhabi sovereign fund ADQ, is considering a potential acquisition of hospital operator NMC Healthcare, according to people familiar with the matter.

PureHealth, which listed last year on the local bourse, is in the early stages of studying a potential bid for NMC, the people said, asking not to be identified because the information is private. Any deal could value the hospital chain at a few billion dollars, according to the people.

Other suitors could also emerge, the people said. NMC said in June it has appointed Rothschild & Co. ...



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