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FINANCIAL NEWS
UAE’s NMC Health buys USD100m two healthcare companies
29 Apr 2015
(MENAFN) NMC Health, one of the largest healthcare providers in the private sector in the UAE, paid USD100 million to acquire two healthcare service providers, a corporate statement said, Reuters reported.
NMC Health participates in two major venues: healthcare and NMC Trading. The two purchased firms are Americare Group and Dr. Sunny Healthcare Group.
“Both acquisitions are interesting as they diversify NMC’s revenues (one into a new service line and one expanding geographically) and both can provide referrals into its existing specialty hospitals,” an official statement said.
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