NMC forms jv in Saudi Arabia

Prasanth Manghat, chief executive officer of NMC Health

GCC private healthcare operator NMC has formed a 52%/48% healthcare joint venture with Saudi Arabia’s Hassana Investment, the investment arm of the country’s pension fund General Organisation for Social Insurance. The venture is made up of NMC’s five assets in Saudi Arabia and a additional cash injection, together with GOSI’s contribution of 38.88% stake in…

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