Dubai: VPS Healthcare rethinks London IPO plans

Burjeel Hospital, Abu Dhabi

Abu Dhabi-based VPS Healthcare has reconsidered plans to float in London citing uncertainty surrounding Britain’s withdrawal from the European Union. The hospital operator had intended to follow in the footsteps of NMC Healthcare which raised £117m (US$187m) in initial public offering in London in April 2012. Since then its shares have risen around 1,700%. VPS…

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