NMC Health
UAE-based NMC Healthcare Placed In Administration
Middle East Business News - Published date: .
Move will allow group to secure additional $325m financing facility, while protecting the business from creditor action Read more
UAE's NMC Health Faces Advisory Fees Of $140m For Bankruptcy
Middle East Business News - Published date: .
NMC will raise as much as $300m from creditors to fund the business during its administration Read more
NMC Administrators Say They've Uncovered Most Of The Hidden Debt
Middle East Business News - Published date: .
NMC will focus on its operations in the UAE and Oman, while considering the sale of the non-core international subsidiar... Read more
BR Shetty Steps Down As Co-chair And Director Of Finablr
Middle East Business News - Published date: .
UK's HMRC has moved to suspend business registrations of UAE Exchange UK Ltd. and Xpress Money Services Ltd Read more
NMC Health Administrators Secure $250m Funding
Middle East Business News - Published date: .
Perella Weinberg Partners have been retained as the investment bank to explore the potential sale of the international b... Read more
Abu Dhabi-based KKBO Said Set To Hire PwC, Trussbridge To Restructure Debt
Middle East Business News - Published date: .
KBBO, a privately-held investment firm with assets in healthcare and finance sectors, also plans to appoint a chief rest... Read more
Finablr's Auditors EY Resign Over List Of 'concerns'
Middle East Business News - Published date: .
Non-executive directors Abdulrahman Basaddiq and Bassam Hage have also resigned Read more
UK's Financial Reporting Council To Investigate Ernst & Young's Auditing Of NMC Health
Middle East Business News - Published date: .
Regular to concentrate on 2018 financial statements of troubled UAE-based healthcare provider Read more
US Law Firms To Pursue Legal Action Against Troubled NMC Health
Middle East Business News - Published date: .
Firms urging investors to contact them in a bid to recoup losses Read more
NMC Health Backer Weighs Strategic Options, Debt Revamp
Middle East Business News - Published date: .
Abu Dhabi-based KBBO Group is being advised by KPMG on ways to restructure its debt, according to reports Read more
NMC Health Goes Into Administration After Succumbing To Creditors
Middle East Business News - Published date: .
The Middle East's largest hospital operator will be run by administrators Alvarez & Marshal Read more
UAE-based NMC Heads To Administration After Bowing To Creditor Demands
Middle East Business News - Published date: .
Most of NMC's senior management has resigned since it revealed more than $4 billion of undisclosed debt. Read more
Dubai Islamic Slumps As NMC Exposure Risks Wiping 45% Of Profit
Middle East Business News - Published date: .
Dubai-based bank had about $425m of exposure at the end of March, while NMC owed its subsidiary Noor Bank about $116m Read more
Dubai Islamic Bank, Noor Bank Exposure To NMC At $541m
Middle East Business News - Published date: .
Abu Dhabi Commercial Bank has requested NMC be placed in administration Read more
Abu Dhabi Commercial Bank Requests NMC Be Placed In Administration
Middle East Business News - Published date: .
Embattled NMC has said such a move would endanger lives during coronavirus pandemic Read more
NMC Health Executive Chairman Calls For Patience From Creditors
Middle East Business News - Published date: .
NMC board has appointed PwC to advise on liquidity and operational matters Read more
NMC Convertible Bondholders Tap PJT Ahead Of Debt Restructuring
Middle East Business News - Published date: .
PJT is advising a group of investors in NMC Health's $360 million of convertible bonds due 2025 Read more
NMC Convertible Bondholders Tap PJT Ahead Of Debt Restructuring
Middle East Business News - Published date: .
PJT is advising a group of investors in NMC Health's $360 million of convertible bonds due 2025 Read more
Embattled NMC Health Gets Preliminary Takeover Approaches
Middle East Business News - Published date: .
NMC Health also said a re of its shareholders suggests that the size of the stakes of chairman BR Shetty's and other inv... Read more