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Tag: Bavaguthu Raghuram Shetty

NMC Health Hires Ex-FBI Head to Probe Short-Seller Allegations

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(Bloomberg) -- NMC Health Plc hired former FBI Director Louis Freeh to investigate allegations by short seller Muddy Waters Capital LLC of financial wrongdoing...

NMC Health Drops After Two Investors Sell 15% Stake Below Market Price

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(Bloomberg) --NMC Health Plc shares plunged after two major investors sold $493 million worth of shares well below the market price to reduce their...

Billionaire BR Shetty’s NMC Health Plans Review After Short Seller Attack

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(Bloomberg) --NMC Health Plc shares gained after the company said it plans an independent review of assertions from “certain third parties,” partly recovering from...

Shetty Family, Under Fire From Muddy Waters Over NMC Health, Loses $820 Million

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(Bloomberg) --It’s been a long week for the Shetty family. The billionaire clan behind hospital operator NMC Health Plc and financial services firm Finablr Plc...

Muddy Waters Short Report Sends NMC Health to Record Plunge

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(Bloomberg) --NMC Health Plc shares tumbled the most on record after the hospital operator became the latest target of short seller Carson Block’s Muddy...

Abu Dhabi Billionaire Considers IPO of Pharmaceuticals Business

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(Bloomberg) --Abu Dhabi billionaire Bavaguthu Raghuram Shetty, the founder of two London-listed companies, is considering selling shares in his pharmaceuticals business. "It makes sense to...