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Home Healthcare Markets International News HMI NMC signs JV agreement to create major Saudi healthcare business

NMC signs JV agreement to create major Saudi healthcare business

By
Maria Davies
-
Prasanth Manghat, chief executive officer, NMC Health

NMC Health has signed an agreement to enter into a joint venture with the investment arm of Saudi Arabia’s largest pension fund to create a major private healthcare platform in the Kingdom. Under the deal, NMC will transfer all existing assets in the Kingdom into the joint venture, while its partner Hassana Investment Company, part…

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