Tag: NMC Health
NMC Health Administrators Are Said to Kick Off Asset Sales
(Bloomberg) -- NMC Health Plc’s administrators have started selling off assets of the troubled Middle Eastern hospital operator as they seek funds to pay back...
BR Shetty Pledges To Clear His Name; Accuses ‘Current and Former Executives’ of ...
Indian businessman and billionaire BR Shetty has sent out a strongly-worded message in which he has said that he intends to clear his name...
Troubled NMC Health To Delist From London Stock Exchange
NMC Health has requested the London Stock Exchange to delist its shares, eight years to the month after it listed there.
The embattled UAE-based healthcare...
EY Resigns As Auditor Of Finablr Citing ‘Concerns’
Ernst & Young (EY) has resigned as auditor of Finablr, citing concerns over corporate governance and the makeup of the board.
EY announced its decision...
Mubadala-Funded Firm acquires 3.4 per cent stake in Finablr
MIC Capital Partners – owned and managed by Mubadala Capital, a unit of Mubadala Investment Co – has acquired a 3.4 per cent stake...
UAE Exchange Temporarily Suspends New Transactions
The UAE Exchange has temporarily suspended any new transactions at all of its branches and its online platforms.
According to an e-mail statement, the temporary...
NMC Health Hires Ex-FBI Head to Probe Short-Seller Allegations
(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
(Bloomberg) --NMC Health Plc shares plunged after two major investors sold $493 million worth of shares well below the market price to reduce their...
Short Seller Muddy Waters Ends Busy Year With NMC Share Plunge
(Bloomberg) --Short seller Carson Block has had mixed results in 2019, but he’s ending the year with a bang.
Shares of NMC Health Plc, the...
Billionaire BR Shetty’s NMC Health Plans Review After Short Seller Attack
(Bloomberg) --NMC Health Plc shares gained after the company said it plans an independent review of assertions from “certain third parties,” partly recovering from...