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Abu Dhabi fund, CVC, among suitors for $1b NMC hospital business
Reuters/Dubai Filed on March 3, 2021
NMC has hired advisers for the sale of NMC’s healthcare business in the UAE and Oman, which sources said could generate around $1 billion. File photo
The deal is active and investor talks with management have started, but the candidates have yet to submit non-binding bids and there is no guarantee it will lead to a sale
Abu Dhabi state-owned holding company ADQ and private equity firm CVC Capital Partners are among the suitors that have shown interest in NMC Health’s core hospital business, sources told Reuters.