UAE: Pressure continues on NMC Health

Dubai’s Emirates NBD Bank has sold a 1.04% stake in troubled GCC private healthcare operator NMC Health for £27.05m (US$35.55m). The sale of 2.2 million shares at £12.50 per share came after Mohamed al-Qebaisi and Khalifa Butti al-Muhairi, two major shareholders, also launched a discounted share sale in the London-listed group. Bookrunner for the placement…

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